Deacons recently acted for the sponsors and underwriters in the Main Board IPOs of three companies, Suchuang Gas Corporation Limited (a Jiangsu-based natural gas operator), Beijing Chunlizhengda Medical Instruments Co., Ltd. (China’s leading maker of bone implants) and KTL International Holdings Group Limited (a fine jewelry exporter).  All three firms made their debuts on 11 March 2015.

“We are delighted to have assisted four sponsor firms in the Hong Kong IPO debut of Suchuang Gas, Beijing Chunlizhengda and KTL International on the same day. These three companies are players from different sectors (green energy, medical and consumer retail), that are expected to be hot picks in the Hong Kong IPO market this year.

Together with Odella Leather which listed on GEM last month, we have completed four IPOs so far this year. As a key player in the Hong Kong IPO market, we are keen to remain in the middle of the market deal flow and continue to have the opportunity to advise on the IPOs of diversified industries, “ said Ronny Chow, head of the corporate finance team. 

Ronny Chow, head of the corporate finance team and Ronnie Bow, partner, advised the sole sponsor BNP Paribas Securities (Asia) Limited and the underwriters in Suchuang Gas’s IPO. 

Sabrina Fung and Kevlan Cheung, corporate finance partners, advised the sole sponsor China Everbright Capital Limited and the underwriters in Beijing Chunlizhengda’s IPO.

Alexander Que, corporate finance partner, advised the joint sponsors CCB International Capital Limited and China Galaxy International Securities Limited and the underwriters in KTL International’s IPO.