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Dec 2, 2024 | 
deacons.com | Gwendolyn Tsui |Ronny Chow |Maynard Leung
Deacons advised Chow Tai Fook Enterprises Limited (“CTFE”) on its acquisition of 75% shareholding in Kai Tak Sports Park Limited (“KTSPL”) from New World Development Company Limited (SEHK stock code: 17) (“NWD”) for HK$416.7 million, which was completed on 29 November 2024. Opening in the first quarter of 2025, the Kai Tak Sports Park (“KTSP”) is the largest sports infrastructure project ever commissioned in Hong Kong.
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Nov 7, 2024 | 
deacons.com | Janny Ho |Ronny Chow |Canny Lau
Deacons’ Corporate Finance Practice Group advises the joint sponsors Haitong International Capital Limited and CITIC Securities (Hong Kong) Limited and underwriters in relation to the Main Board IPO of Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. 江苏国富氢能技术装备股份有限公司 (SEHK Stock Code: 2582), seeking to raise up to HK$438 million.
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Jun 24, 2024 | 
deacons.com | Janny Ho |Ronny Chow
Deacons acts as the Hong Kong legal advisers to Metasurface Technologies Holdings Limited (SEHK Stock Code: 8637) (“Metasurface Tech”) in relation to its GEM IPO launched on 21 June 2024. Metasurface Tech is a precision engineering services provider headquartered in Singapore, specialising in providing precision machining and precision welding services for international companies in the semiconductor and other sectors.
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May 22, 2024 | 
deacons.com | Janny Ho |Ronny Chow
We are delighted to share that Deacons Corporate Finance Practice Group has won the ALB SE Asia Law Awards 2024 – M&A Deal of the Year for “VTAC’s Business Combination with 17LIVE Inc.”.
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May 21, 2024 | 
deacons.com | Janny Ho |Ronny Chow
Deacons advises the sole sponsor CMB International Capital Limited and underwriters in relation to the proposed spin-off from China Lesso Group Holdings Limited (SEHK Stock Code: 2128) and Main Board IPO of EDA Group Holdings Limited (SEHK Stock Code: 2505) (“EDA Group”). EDA Group is a one-stop end-to-end supply chain solutions provider for e-commerce vendors, empowering the fast-growing B2C export e-commerce industry in China.
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Dec 22, 2023 | 
deacons.com | Janny Ho |Ronny Chow
Deacons advises the sole sponsor Guotai Junan Capital Limited and a syndicate of 19 underwriters in relation to the Main Board H-share IPO of UBTECH ROBOTICS CORP LTD (SEHK Stock Code: 9880). UBTECH is an established robotic company based in China, dedicated to the design, production, commercialization, sales and marketing and research and development of smart service robotic products and services.
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Nov 27, 2023 | 
deacons.com | Kristy Lai |Ronny Chow |Maynard Leung
Deacons advises the joint sponsors DBS Asia Capital Limited and Ping An of China Capital (Hong Kong) Company Limited and underwriters in relation to the Main Board IPO of K Cash Corporation Limited (SEHK stock code 2483), seeking to raise HK$245 million (subject to the exercise of over-allotment option).
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Oct 3, 2023 | 
lexology.com | Ronny Chow |Alexander Que |Rhoda Yung |Sabrina Fung |Gary Wong |Maynard Leung | +1 more
On 26 September 2023, The Stock Exchange of Hong Kong Limited (Exchange) published a consultation paper on its GEM listing reform proposals, seeking market feedback by 6 November 2023. BackgroundThe number of new listings and funds raised on GEM have significantly declined since 2019, and there was no more new GEM listing after January 2021.
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Jul 27, 2023 | 
lexology.com | Ronny Chow |Alexander Que |Rhoda Yung |Sabrina Fung |Gary Wong |Maynard Leung | +1 more
BackgroundOn 17 February 2023, the State Council issued “Decision of the State Council to Repeal Certain Administrative Regulations and Documents” (《国务院关于废止部分行政法规和文件的决定》), and the China Securities Regulatory Commission issued the “Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies” (《境内企业境外发行证券和上市管理试行办法》) and related guidelines (all such new regulations are referred to as New PRC Regulations below).
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Apr 19, 2023 | 
lexology.com | Ronny Chow |Alexander Que |Rhoda Yung |Sabrina Fung |Maynard Leung |Gary Wong | +1 more
On 14 April 2023, The Stock Exchange of Hong Kong Limited (Exchange) published a consultation paper seeking market feedback on proposals to enhance climate-related disclosures under the environmental, social and governance (ESG) framework.
