Slaughter and May advised China Hengshi on the Hong Kong and US legal aspects of its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange

Slaughter and May, Hong Kong, advised China Hengshi Foundation Company Limited (China Hengshi) on the Hong Kong and US legal aspects of its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. China Hengshi raised approximately HK$537.5 million (before any exercise of over-allotment option) through the IPO. Morgan Stanley Asia Limited acted as the sole sponsor and sole global coordinator.

China Hengshi is a leading global manufacturer and supplier of fiberglass fabrics used in wind turbine blades. It was the third largest manufacturer and supplier of fiberglass fabrics used in wind turbine blades globally based on sales volume by tonnage in 2014 and the only PRC-based company among the top three global players.

Dealing in the shares of China Hengshi on the Hong Kong Stock Exchange commenced on 21 December 2015.

Benita Yu Partner
John Moore Partner
Jianhao Zheng Counsel
Nicola Lui Associate