DLA Piper has advised China Merchants Securities (HK) Co., Limited, as sole sponsor, sole global coordinator and sole bookrunner on CSMall Group Limited's (CSMall) IPO and listing on the Main Board of the Hong Kong Stock Exchange.

CSMall is the largest integrated online and offline internet-based jewelry retailer in China, offered HK$462 million on this IPO. It plans to use the money raised to expand and optimize its integrated online and offline retail structure, strengthen data collection, improve product design and development, and meet general corporate needs. The Chinese company is a spin-off of Hong Kong-listed China Silver Group.

China Merchant Securities is a full licensed financial services firm and an active player in the capital markets space, ranking fourth and second amongst Chinese securities firms in terms of IPO underwriting volume from 2014 to 2016 in Hong Kong.

DLA Piper's Corporate partner Melody He-Chen, who led this transaction, said: "We are delighted to have advised China Merchants Securities in this transaction, which is another successful listing of an issuer in the TMT sector. We are seeing a lot of activity in this sector in Hong Kong and we expect this trend to continue." Ms. He-Chen also advised on China Silver Group's IPO and listing in December 2012.

The Hong-Kong based DLA Piper team also included Corporate of counsel Janny Tai and Christina Loh, associates Maisie Yeung, Michael Ho and Ken Chau, registered foreign lawyer Christine Chen and legal assistant Jeffrey Yu.