DLA Piper has advised China Huarong Macau (HK) Investment Holdings Limited on its US$100 million investment in Hong Kong Stock Exchange listed company Freeman Fintech Corporation Limited (Stock Code 279) in the form of convertible bonds. The secured convertible bonds have a four percent interest rate payable semi-annually to subscribers.

Freeman Fintech Corporation Limited is an investment holding company. It offers securities and options trading, insurance brokerage, financing, and other related services. It mainly operates businesses in Hong Kong and is also involved in money lending, the provision of pawn loan services and the provision of financial lease services through its subsidiaries, and serves customers around the world.

Huarong Macau is a member of the Huarong financial conglomerate, which provides securities brokerage, investment banking, futures and asset management, and other financial services.

The DLA Piper team was led by Corporate partner Gloria Liu and Finance & Banking partner Paul Lee. They were assisted by of counsel Sue Yang, senior associate Alvin Wong, associates Jane Yee and Gary Chan, and trainee solicitor Kenneth Lee.