Shenwan Hongyuan Group HKSE IPO

Value:

HK$ 9.100 billion

Status:

Completed

Date:

26/4/2019

Shenwan Hongyuan Group—China's oldest brokerage—has made a $1.16 billion IPO and listing on the Hong Kong Stock Exchange.
The offering is Hong Kong's largest this year so far.
It is the seventh largest Chinese securities firm by net assets at the end of 2018 and its revenue and net profits in 2018 ranked fifth and seventh, respectively.
The IPO follows a long line of PRC securities firms listing in Hong Kong, following those of Guotai Junan Securities, CSC Financial, China Merchants Securities, China Everbright Securities, HTSC, GF Securities, Central China Securities, China Galaxy and Haitong Securities.

Hong Kong SAR

IPO

Capital markets : Equity

Financial services

Appleby

Party: Shenwan Hongyuan Group (Issuer)

Lawyer: Vincent Chan

Clifford Chance

Party: Shenwan Hongyuan Group (Issuer)

Lawyer: Liu Fang

Grandall Law Firm

Party: Shenwan Hongyuan Capital (Joint sponsor, Joint global coordinator, Joint bookrunner, Joint lead manager)

Party: Goldman Sachs (Joint sponsor, Joint global coordinator, Joint bookrunner, Joint lead manager)

Party: ICBC International Capital (Joint sponsor, Joint global coordinator, Joint bookrunner, Joint lead manager)

Party: ABCI Capital (Joint sponsor, Joint global coordinator, Joint bookrunner, Joint lead manager)

Party: Citigroup Global Markets Asia (Joint global coordinator, Joint bookrunner, Joint lead manager)

Party: Credit Suisse (Joint global coordinator, Joint bookrunner, Joint lead manager)

Party: Fortune Securities Ltd (Joint bookrunner, Joint lead manager)

Party: China International Capital Corporation Hong Kong Securities (Joint bookrunner, Joint lead manager)

Party: Haitong International Securities Group Ltd (Joint bookrunner, Joint lead manager)

Party: Guotai Junan Securities (Joint bookrunner, Joint lead manager)

Party: China Securities (International) Corporate Finance (Joint bookrunner, Joint lead manager)

Party: China Everbright Securities Ltd (Joint bookrunner, Joint lead manager)

Party: HSBC (Joint bookrunner, Joint lead manager)

Party: CCB International Capital (Joint bookrunner, Joint lead manager)

Party: CMB International Capital (Joint bookrunner, Joint lead manager)

Party: BOCI Asia (Joint bookrunner, Joint lead manager)

Party: BOCOM International (Joint bookrunner, Joint lead manager)

Party: Daiwa Capital Markets Hong Kong (Joint bookrunner, Joint lead manager)

Party: Zhongtai International Securities (Joint bookrunner, Joint lead manager)

King & Wood Mallesons

Party: Shenwan Hongyuan Group (Issuer)

Latham & Watkins