Conyers provided Cayman Islands legal advice to ZJLD Group Inc. (“ZJLD”) in connection with its HK$5.3 billion IPO on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 6979).
This IPO is the largest IPO on the HKEX to date in 2023 and is the second successful debut of a Chinese liquor company since 2016. ZJLD is a baijiu company in China offering premium baijiu products, a colourless distilled spirit, through and operates four major baijiu brands in China.
Partner Christopher Bickley and Associate Rita Leung of Conyers’ Hong Kong Office advised on the matter, working alongside Davis Polk & Wardwell and King & Wood Mallesons.
This matter won the “China Deals of the year 2023” by China Business Law Journal. This has also been nominated for “Equity Market Deal of the Year” by ALB Hong Kong Law Awards 2023 and for “Deal of the Year – Equity” by IFLR Asia-Pacific Awards 2024.