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HFW's New Hong Kong Capital Markets Team Score Back-To-Back IPOs

Global, sector-focused law firm HFW's new Hong Kong capital markets team secured lead roles on two IPOs that closed within five days of each other.

The firm advised Zhongtai International Capital Limited as sole sponsor on the HK$125 million IPO of Malaysian eyewear retailer MOG Holdings Limited, and acted for Asia-express Logistics Holdings Limited on its HK$60 million IPO.

HFW's team on both transactions was led by Hong Kong partner Wing Cheung and also included Carmen Liang, Jacqueline Chung, Brian Ng, Joey Sze, Johnnie Ho, Karen Ip and Justin Chung.

Wing, partner Matthew Wong and 12 other fee-earners joined HFW in late 2019 to continue the firm's development of its global transactional offering. HFW launched a transactional practice in China earlier that year and has added 20 transactional partners across its international network since 2018, including lateral hires in Abu Dhabi, Hong Kong, London, Monaco, Paris and Singapore.

Wing Cheung, Partner, HFW:

"We're proud to have helped our clients on these successful transactions. We continue to see strong a pipeline of IPOs for small-to-medium sized companies in Hong Kong, despite market uncertainty due to the Covid-19 outbreak."

HFW has operated in Greater China for more than 40 years, having been one of the first international law firms to open an office in the country, in 1978.

The firm has 85 lawyers in Greater China, including 21 partners, and is a market leader in aviation, commodities, construction, energy, insurance, shipping, commercial litigation and corporate.

About HFW

HFW is a leading global law firm in the aerospace, commodities, construction, energy and resources, insurance, and shipping sectors. The firm has more than 600 lawyers, including 185 partners, based in offices across the Americas, Europe, the Middle East and Asia-Pacific. HFW prides itself on its deep industry expertise and its entrepreneurial, creative and collaborative culture.

For further information, please contact:

Chris Johnson
Head of Communications
D +44 (0)20 7264 8159
M +44 (0)7976 939864
E chris.johnson@hfw.com

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