Headquartered in Beijing, Jingtian & Gongcheng is a full-service law firm that enjoys a market-leading position in the equity capital markets, especially in Hong Kong listings.
Focusses / specialisms
Apart from the equity capital markets, the firm also has extensive experience in M&A, investment funds, and banking matters.
Key clients
The firm’s notable clients include CLSA, Zhongtai International Capital, Holly Futures, Guodu Securities,
Sany Heavy Truck, BOE Technology Group, Chery Automobile, Beijing Electronic Zone Investment and Development and Qingmu Digital Technology.
Research period review: 33rd edition (2022/2023)
In 2022, the team retains its strength in capital markets. Jingtian & Gongcheng undertook 40 Hong Kong listings, accounting for around half of Hong Kong listings of companies with interests in China. Some of the notable deals include the Hong Kong IPO of China’s largest Q&A-inspired online community,
Zhihu, KE Holdings’ dual primary listing in Hong Kong,
Leapmotor’s Hong Kong IPO,
JL Mag’s Hong Kong IPO and Loongson’s SSE STAR Market IPO.
Last year, the firm represented AVIC Electromechanical in the acquisition and absorption of AVIC Electromechanical by AVIC Avionics. This transaction is the largest merger and restructuring of an A-share listed company in the history of the defence and military industry.
The team also represented two foreign underwriters on the issuance of A-shares by a leading global new energy innovation and technology company, Contemporary Amperex Technology, to specific targets. The deal was completed in June 2022, with an issue size of about Rmb45 billion.
During the research period, the firm hired Yufeng Wang and Yicong Zhang as capital markets partners and lost partner Junda Dai.
Deal highlights: 33rd edition (2022/2023)
Tehai International’s Hong Kong IPO.
Zhihu’s Hong Kong IPO.
KE Holdings’ dual primary listing in Hong Kong.
Weilong Delicious Global Holdings’ HK$898 million Hong Kong IPO.
Leapmotor’s Hong Kong IPO.
JL Mag’s Hong Kong IPO.
Loongson’s SSE STAR Market IPO.
