27 June, 2016
King & Wood Mallesons has advised China Digital Video Holdings Limited (Stock Code 8280) on its successful listing and Initial Public Offering on the GEM Board of the Hong Kong Stock Exchange valued at approximately HK$278.5 million. KWM acted as PRC, Hong Kong and US counsel on the deal.
Partner Mulong Gong commented, “China Digital Video is a long-term client of KWM. We were pleased to act as its PRC, HK and US legal counsel for its HK IPO. This was the first time a red-chip issuer received PRC, HK and US legal services from one law firm on its IPO in Hong Kong.”
Partner Sheldon Tse commented, “KWM is delighted to support the issuer with one-stop-shop comprehensive legal services spanning PRC, HK and US securities laws. This is the third IPO we have advised on (Bank of Zhengzhou and Bank of Qingdao) where our unique ability to offer combined PRC, HK and US legal advice has significantly benefitted our client.”
Partner Christine Chen commented, “We believe that the trend for China-based issuers to seek one-stop-shop legal services for their HK IPOs is set to continue and we are pleased to be able to offer clients an integrated KWM solution.”
China Digital Video Holdings Limited has leading digital video technology solution and service operations in the TV broadcasting industry in China.
The KWM team was led by partners Sheldon Tse (HK law), Christine Chen (US law) and Mulong Gong (PRC law). Supported by: HK team: Yurong Ye, Jane Bu, Katherine Yang and Brenda Li. US team: Michael Lu, Lu Tan, Jason Du and Siyu You. PRC team: Zhijun Lin and Qi Wang.
