23 March, 2016
Shearman & Sterling advised Hong Kong-listed ChinaSoft International Limited (ChinaSoft) on its issuance of the Convertible Notes due 2019 to the subscriber Huarong International Asset Management Growth Fund L.P. (Huarong), a limited partnership established in the Cayman Islands by Huarong International Asset Management Great China Investment Fund Limited (Huarong Asset Management).
ChinaSoft is a leading provider of comprehensive software and information services in China, with more than 29,000 employees distributed across the world.
Huarong Asset Management is an indirect wholly-owned subsidiary of the Hong Kong-listed Huarong International Financial Holdings Limited, a financial conglomerate providing brokerage services on securities, investment banking, futures and asset management.
The Shearman & Sterling team was led by partner Stephanie Tang (Hong Kong-M&A), with support from counsel Vanessa Poon (Hong Kong-Capital Markets), and associates Kuinan Wei (Beijing-M&A), Richard Ou (Hong Kong-M&A) and Geoffrey Chan (Hong Kong-Capital Markets).
