International firms strike gold with largest mining IPO in Hong Kong in 6 years

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Three firms advised on the largest mining IPO on the Hong Kong Stock Exchange (HKEX) in the last six years.

Sidley Austin was the Hong Kong and US legal counsel of Shandong Gold Mining on its HK$5.2bn IPO. Linklaters acted as Hong Kong and US counsel of the underwriters, including CCB International Capital, China Securities Corporate Finance Company, ICBC International Capital, Morgan Stanley Asia, and Morgan Stanley & Co. International. Appleby acted as Cayman Islands counsel for the issuer.

The Sidley team was headed by partners Mengyu Lu and Kefei Li. They were supported by associate Samantha Peng, legal manager Sierra Tao, China advisor Bill Feng, legal assistant Chuanwen Wang, legal manager Jenny Han, and senior legal assistant Grace Hua.

Linklaters’ team was led by partners Iris Leung and Kevin Cheung, who were supported by managing associate Liang Wei.

Appleby Hong Kong Managing partner, Cameron Adderley, and counsel, Vincent Chan, led the offshore giant’s legal team.

Linklaters said that the China-owned domestic holding company of Shandong Gold is also listed in Shanghai with a market cap of US$6.3bn, making it the largest Chinese gold producer listed China and Hong Kong.