Zhoushan Islands New Area Penglai State Asset Investment Group’s $150 Million Bonds Offering

Chungs Lawyers advised Zhoushan Islands New Area Penglai State Asset Investment Group on the deal. Zhoushan Islands New Area Penglai State Asset Investment Group Co., Ltd. executed the issuance of US$150 million 3.90% credit enhanced bonds due 2025 supported by an irrevocable standby letter of credit provided by Bank of Hangzhou Co., Ltd. Zhoushan Branch and listed on the Stock Exchange of Hong Kong Limited. Zhoushan Islands New Area Penglai State Asset Investment Group is the core operating entity responsible for sales of resettlement housing and affordable housing, as well as land development and consolidation in Daishan County, serving the dual purposes of supporting the social and economic development of Daishan County and achieving business growth.  The Chungs Lawyers team was led Lily Liang...

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Huzhou Wuxing Industrial Investment Development’s $40 Million Bonds Offering

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised Wuxing Industry Investment Husheng Company Limited on the offering. Huzhou Nanxun New Town Investment Development Group Co., Ltd executed the issuance of US$40 million...

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Shengzhou Communications Investment and Development’s $142 Million Bond Offering

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised Shengzhou Communications Investment and Development Group on the deal. Shengzhou Communications Investment and Development Group Co., Ltd. executed the issuance of US$142 million 3.50% credit enhanced bonds due 2025 supported by an irrevocable standby letter of credit provided by Bank of Ningbo Shaoxing Branch and listed on the Stock Exchange of Hong Kong Limited...

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Yan’an Tourism’s Bonds Offering

Chungs Lawyers advised Yan’an Tourism on the offering. Yan’an Tourism (Group) Co., Ltd. executed the issuance of US$77 million 3.90% credit enhanced bonds due 2025 supported by an irrevocable standby letter of credit provided by Bank of Xi’an Co.,Ltd. and listed on the Stock Exchange of Hong Kong Limited. The Chungs Lawyers team consisted of Lily Liang (Picture), Tracy Wong, Jason Wong, Vanessa Li, Catherine Kwok, Dexter Yeung, Lilian Kwong, Amber Cao, Evelyn Fan, Fairy Wang, Jeff Wang and Andy Kwok. Involved fees earner: Amber Cao –...

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