Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm represented Bank of Tianjin, the only city commercial bank headquartered in Tianjin, in its US$948 million global offering and IPO on the Main Board of the Hong Kong Stock Exchange. BOCI Asia Limited, ABCI Capital International and CCB International Capital Limited acted as joint sponsors for the listing.

The listing marks the largest Hong Kong IPO by a Chinese bank since Shengjing Bank’s US$1.5 billion float in December 2014, and the first Hong Kong listing in 2016 to exceed US$500 million.

The Paul Hastings team was led by capital markets partners Raymond Li, Zhaoyu Ren and Edwin Kwok and of counsel Vincent Wang, with support from associates Eric Chow, Liming Xu, Lucy Lam, Crystal Liu and Erika Zhao.