By King & Wood Mallesons
On 19 May 2017, BOCOM International Holdings Company Limited (BOCOM International, stock code: 3329), advised by King & Wood Mallesons (KWM), was successfully listed on the main board of the Stock Exchange of Hong Kong Limited (SEHK). The basic issuance size was approximately 667 million shares, priced at HK$2.68 per share, raising approximately HK$1.68 billion. The transaction involved Bank of Communications, an A + H shares listed company, spinning off its subsidiary BOCOM International to be listed on SEHK, making BOCOM International the first listed securities firm with a PRC bank background in Hong Kong.
Continue Reading King & Wood Mallesons advises BOCOM International to become the first HK-listed securities firm with a PRC bank background