Leading international law firm Clifford Chance advised the joint sponsors and 23 underwriters including Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited and CLSA Capital Markets Limited, on Xiaomi Corporation's US$4.7 billion (HK$37 billion) initial public offering on the Stock Exchange of Hong Kong (HKEX). Xiaomi is the first company to be listed in Hong Kong with weighted voting rights structure following the introduction of a new regime by the HKSE allowing such voting structure in April this year.

Sidley has represented Shougang Concord Grand (Group) Limited (HKEX: 0730) (Shougang Concord Grand) on several transactions including the acquisition of 43.62 percent stake in Beijing West Business Factoring Company Limited for approximately RMB75 million; the acquisition of 85.71 percent in Jingji Cooperative Development Demonstration Zone (Tangshan) Fund Management Co., Limited for RMB1.5 million and; a capital contribution of RMB200 million in Beijing Jingxi Supply Chain Management Co., Limited.

On 2 July 2018, Agricultural Bank of China Limited (“ABC”) completed its non-public offering of 25,188,916,873 A-shares, raising a total of RMB 100 billion. The core group of seven investors included Central Huijin Investment Ltd., the Ministry of Finance of the People’s Republic of China, China National Tobacco Corporation and its subsidiaries and New China Life Insurance Company Ltd. This is the largest refinancing transaction ever seen on A-share market.

Davis Polk advised Entera Bio Ltd. on its initial public offering of 1,400,000 ordinary shares and 1,400,000 warrants to purchase up to 700,000 ordinary shares. In addition, Entera Bio Ltd. has granted the underwriters a 30-day option to purchase up to an additional 210,000 ordinary shares and/or 210,000 additional warrants to purchase up to a total of 105,000 ordinary shares. The ordinary shares are listed on the NASDAQ Capital Market under the symbol “ENTX” and the warrants as listed on the NASDAQ Capital Market under the symbol “ENTXW.”

Milbank, Tweed, Hadley & McCloy LLP has advised Yellow Cake plc, a Jersey company founded and established by Bacchus Capital Advisors as a specialist company to operate in the uranium sector and hold long term physical uranium (“U3O8”), on the successful listing of its ordinary shares on AIM. The Milbank team also advised Yellow Cake plc on its associated entry into a long-term U3O8 supply contract with JSC National Atomic Company Kazatomprom, one of the world’s largest producers of uranium.

Sidley has advised on another successful listing of property management businesses of Hong Kong-listed property developers: the listing of Country Garden Services Holdings Company Limited (HKEX: 6098) (Country Garden Services), a subsidiary of Country Garden Holdings Company Limited (HKEX: 2007) (Country Garden Holdings), on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX) by way of introduction.

MinterEllison has advised RMA Global Limited (RMA) on its listing on the ASX and the initial public offering (IPO) of its shares to raise approximately A$12 million.

One of the first online agent rating sites to launch in Australia, RMA is an online digital marketing business which provides data on real estate agents, their active residential property listings and sale results.

The data from RMA’s platform can be used by agents to build their brand and market themselves, or by vendors to compare agents and find an agent or agency to sell their property.

Global law firm White & Case LLP has advised BNP Paribas and Société Générale, as Global Coordinators, and Jefferies as Joint Bookrunner, on Soitec’s offering of bonds convertible into new ordinary shares and/or exchangeable for existing ordinary shares (OCEANE) due 2023 for a nominal amount of approximately €150 million.

Soitec is a world leader in designing and manufacturing innovative semiconductor materials and is listed on Euronext Paris.

Watson Farley & Williams (“WFW”) advised Grindrod Shipping Holdings Ltd. (“Grindrod Holdings”), the shipping arm of South African transportation and logistics provider, Grindrod Ltd, on its spin-off from its parent and its US$320m primary listing on NASDAQ and secondary listing on the Johannesburg Stock Exchange.

WFW acted as Singapore-based co-ordinating counsel advising on various operational aspects of the project and assisting with the listing processes in both New York and South Africa.