Tag: Maples Group
M&A: A new way
As M&A activities climb across the region, rising regulatory complexity and shifting market dynamics are redefining strategy, execution and the evolving role of general counsel
Deals of the Year 2025
A look back at the blockbuster transactions of 2025 as we gallop into the Year of the Horse
Firms steer AI developer MiniMax’s HKD4.82bn Hong Kong IPO
Marking the largest IPO to date by an AI LLM company, advised by eight law firms
Firms advise Geely on taking electric carmaker Zeekr private
Simpson Thacher, Fangda Partners, Davis Polk, Ogier, KWM, Latham & Watkins and Maples Groupadvised Geely on a USD2.4 billion deal to take electric carmaker Zeekr private and delist it from the NYSE
Firms assist on JD Industrials’ HKD2.83bn listing
JD.com's supply chain service arm, Jingdong Industrials, successfully debuted on the HKEX on 11 December, raising HKD2.83 billion
Firms chart lidar maker Hesai’s HKD4.16bn Hong Kong IPO
Cleary, Fangda, Maples, Freshfields and Jingtian advised Hesai’s HK debut, raising HKD4.16b, a four-year record
Firms act on air conditioner maker AUX Electric’s HKD4bn IPO
Kirkland, Jingtian & Gongcheng and Maples advised AUX Electric on its HKEX debut, raising HKD3.99b (USD511m)
China Business Law Awards 2025
Which Chinese and international law firms have earned client trust through exceptional expertise?
Firms help brew bubble tea chain Chagee’s USD411m IPO
Chagee raises USD411m in Nasdaq debut, marking the second-largest Chinese IPO in the US in three years after Zeekr
Growth and opportunities for BVI in Asia
The BVI remains key in Asia in 2025, adapting to regulations, fund growth, virtual assets & BVI BC demand
Quintet steers Alibaba’s USD5bn dual-currency bond
Simpson Thacher, Maples, Fangda, Sidley Austin, Jingtian & Gongcheng advised Alibaba’s USD5B issue of USD/RMB senior notes
Quintet counsels on Horizon Robotics’ HKD5.4bn IPO
Horizon Robotics raised HKD5.4 billion in its IPO, despite past losses
Japan’s flourishing PE market
Japan's private equity market is thriving, with the Cayman Islands as a key fundraising hub
China Business Law Awards 2024
China Business Law Journal reveals its top performing law firms of 2023
Eight firms help Cirrus Aircraft’s HKD1.5bn listing take off
Cirrus Aircraft’s USD193 million debut on the HKEX, the second largest IPO in Hong Kong this year to date, received legal advice from eight firms
Six law firms advise on Chenqi Technology’s HKEX debut
Clifford Chance, Maples Group, Haiwen & Partners, King & Wood Mallesons, Paul Hastings and Commerce & Finance Law Offices have advised on Chenqi Technology
Slow start for Chapter 18C as QuantumPharm debuts on HKEX
Tencent-backed AI drug researcher QuantumPharm has finally debuted on the HKEX as the first IPO via the new regulations
Five law firms act on first Chapter 18C IPO on HKEX
Five law firms have secured roles on QuantumPharm’s USD127 million debut on the HKEX in the city’s first IPO launched
Grind and unwind
Long working hours may be part and parcel of the lawyer experience, but it does not have to compromise other pursuits in life
Investors ride wave of cross-border biomedical acquisitions
Amid the cool capital markets climate, the recent surge in billion-dollar M&A deals involving overseas biomedical companies
Quartet guides HKD8.79bn privatisation bid for SciClone
Kirkland & Ellis, Clifford Chance, Sullivan & Cromwell and Slaughter and May advise on Silver Pegasus Investment's HKD8.79 billion take-private of SciClone Pharmaceuticals in Hong Kong
Back from the brink
China's increasingly mature bankruptcy regime has become a reliable tool for market self-correction
Quintet acts on Webull’s Nasdaq debut via USD7.3bn SPAC listing
Law firms Kirkland & Ellis, Ogier, Han Kun, Wilson Sonsini, and Maples Group advise on Webull's USD7.3bn SPAC listing with a blank-cheque firm on Nasdaq
‘Enough is enough’ as HK court orders Evergrande to liquidate
China Evergrande, the most indebted real estate giant, faces liquidation with RMB2.43 trillion (USD342.2 billion) debt after a Hong Kong court order
Six firms assist on AstraZeneca’s USD1.2bn Gracell purchase
Six firms act for parties involved with Anglo-Swedish pharmaceutical giant AstraZeneca’s acquisition of Chinese peer Gracell Biotechnologies for USD1.2 billion
Three firms act on Sunac’s USD10bn debt restructuring
Sidley Austin, Linklaters and Maples Group advised on the implementation of Sunac China’s USD10.2 billion offshore debt restructuring
Five law firms assist XDC in raising HKD3.68bn from spin-off
Fangda Partners, Wilson Sonsini, Maples Group, Davis Polk and Jingtian & Gongcheng advised Chinese medical research group WuXi XDC on a spin-off listing
Cayman law’s attraction to Asian investors
Why is the Cayman Islands drawing two-thirds of Japanese investment in overseas funds?
Cancer drug firm Adlai Nortye raises USD97.5m in Nasdaq IPO
O’Melveny, Han Kun Law Offices, Maples Group, Latham & Watkins and Zhong Lun Law Firm advised on cancer drug developer Adlai Nortye’s Nasdaq debut
Five law firms advise Tuhu Car on HKD1.14bn Hong Kong IPO
Skadden, CM Law Firm, Maples Group, Kirkland & Ellis and Jingtian & Gongcheng have advised Tuhu Car, a Chinese automotive after-sales service provider, on its USD145 million IPO in Hong Kong
Seven law firms act on VIE-structured CheChe’s US de-SPAC
Seven law firms represented the stakeholders on a merger between car insurance company CheChe Technology and blank-cheque enterprise Prime Impact, marking the latest Chinese variable interest entity (VIE) to pursue an overseas listing
Bain Capital takes private China’s biggest data-centre provider
Seven law firms have assisted Chinese data-centre provider Chindata Group’s privatisation by its holding company Bain Capital, which buys all the outstanding stock at USD4.3 per ordinary share, or USD8.6 per ADS, for USD3.16 billion.
Evergrande files for US bankruptcy protection to restructure offshore debts
Sidley Austin has assisted property developer China Evergrande Group to file for US bankruptcy protection in a Manhattan court as part of the company’s restructuring of offshore debts
Maples expands in Singapore with new partner
Maples Group has hired Ian Clark, formerly a partner at Harneys in Hong Kong since 2022, as a partner
China Business Law Awards 2023
China Business Law Journal reveals its top performing law firms of 2022
Three firms?advise Lufax?on?HKEX listing by introduction
Three firms?advised Ping An Insurance’s fintech arm Lufax on its HKEX debut by introduction, a way for a company already on another exchange to list without issuing new shares or fundraising within six months
Sidley Austin, Kirkland advise on Evergrande’s debt restructuring
Sidley Austin, Kirkland & Ellis and Harneys advised parties on preliminary proposals for the restructuring
Deal highlights
Notable IPOs, De-SPAC, bond issuance, joint venture, license agreement, and loans in March and their legal advisors
Quartet advises ETAO’s USD1bn de-SPAC listing
Healthcare firm ETAO International Group closed its combination with SPAC Mountain Crest Acquisition III with legal services from Sichenzia Ross Ference, Jingtian & Gongcheng, Maples Group and Loeb & Loeb
Hesai becomes the largest Chinese IPO in the US after DiDi
Hesai Technology, a China-based developer of sensors used in autonomous driving, raised USD190 million on its Nasdaq debut, becoming the largest Chinese IPO in the US capital markets since October 2021
Deals of the year 2022
China Business Law Journal announces the most exciting China-related legal transactions and disputes of 2022
Maples Group, Sidley Austin, Kirkland & Ellis help Modern Land in overseas debt restructuring
Kirkland & Ellis and Sidley Austin assisted in the restructuring of Modern Land’s USD1.34 billion in overseas senior notes, paving the way for the cancellation of debt and the issuance of new notes
Law firm trio advise ECARX on Nasdaq listing via SPAC merger
Three law firms advised automotive technology company ECARX on its Nasdaq listing via a merger with US special purpose acquisition company (SPAC)
China’s second largest streaming platform Huafang lists in Hong Kong
Huafang Group, the second largest online entertainment streaming platform in China, raised HKD129 million (USD16.56 million) on its HKEX listing, offering 46 million shares at HKD2.8 each
Three law firms assist Weilong snack brand’s HKD898m Hong Kong IPO
Clifford Chance, Commerce & Finance Law Firm and Maples advised famous Chinese snack brand Weilong on its HKEX listing, raising HKD898 million from the sale of 96.4 million shares at HKD10.56 apiece
China’s YishengBio eyes US capital markets via SPAC route
Yisheng Biopharma has abandoned its Hong Kong IPO and turned instead to the Nasdaq via the SPAC route in a deal that is expected to be sealed by the first quarter of 2023
Tims China merges with Silver Crest to debut on Nasdaq
Tims China started to sell its shares on the Nasdaq after closing a merger with blank cheque company Silver Crest Acquisition Corp and at the same time received nearly USD200 million of additional financing
Three law firms advise Tencent Music’s homecoming listing on HKEX
Davis Polk, Han Kun Law Offices and Maples Group advised NYSE-listed Tencent Music Entertainment Group’s debut on the HKEX in a secondary listing by introduction
Three law firms guide smart drugs platform’s debut on Hong Kong bourse
A trio of law firms guided Chinese online pharmacy platform Dingdang Health in its Hong Kong IPO of ?HKD12 per share, raising HKD402.4 million (USD51 million)
Carey Olsen lures funds lawyer to Singapore
Carey Olsen has hired funds lawyer Rebecca Lee as an of counsel in its corporate and investment funds team in Singapore
OneConnect debuts on HKEX in dual primary listing
China insurance conglomerate Ping An's fintech subsidiary, OneConnect Financial Technology, has debuted on the main board of the HKEX by way of introduction and dual-primary listing
HKEX gong chimes as GoGoX goes public
China’s third largest online logistics platform has debuted on the Hong Kong bourse – a move that summoned the strike of the gong back to the trading floor
Deacons and Maples in Yoho HK listing
The IPO raised HKD115 million with Deacons advising Yoho Group in relation to the listing with Maples Group providing Cayman Islands counsel
China Business Law Awards 2022
China Business Law Journal reveals the law firms that have excelled in the past year
Diagnostic provider Yunkang goes public in HK
The fifth-largest market player in China’s medical operation services sector has been listed on the HKEX
NIO plugs into Singapore Exchange
Chinese electric carmaker NIO debuted on Singapore Exchange by way of introduction without raising funds to become a triple-listed company in Singapore, the US and Hong Kong
Firms advise in China’s first royalty-backed deal
Private equity R-Bridge Healthcare Fund struck a USD40 million royalty-backed financing for Yisheng Biopharma – making it the first deal of its type in China’s biopharmaceutical industry
Deal highlights
Aquila Acquisition Corporation became the first special purpose acquisition company (SPAC) to list in Hong Kong
NIO plugs into HKEX without fundraising
Electric vehicle manufacturer NIO successfully listed on the main board of the HKEX by way of introduction with shares beginning trading on March 10
Funds lawyer and litigator join Carey Olsen in Singapore
Carey Olsen’s Singapore office has added investment funds specialist Tom Katsaros to its investment funds offering as a consultant, and experienced litigator Helen Wang to its litigation, insolvency and restructuring practice as a counsel
Zhihu homecoming raises HKD834m
Q&A platform Zhihu raised HKD834 million (USD106.3 million) in a homecoming IPO on HKEX
Guide to BVI closed-ended investment funds
In recent years the British Virgin Islands (BVI) has gained increasing popularity in the closed-ended sector of the industry.
Deals of the year 2021
We look back at the most significant transactions and disputes of last year as we ring in the year of the tiger


























































































































