Freshfields Bruckhaus Deringer has advised China Merchants Securities (HK) Co., Limited, in its capacity as the sole global coordinator, sponsor and bookrunner for the IPO of Yunnan Water Investment Co. Limited (Yunnan Water) on the Hong Kong Stock Exchange.

The company was listed and commenced trading on 27 May 2015, with the IPO being valued at US$215m.

Yunnan Water is one of the leading integrated service providers in the municipal wastewater treatment and water supply industries in Yunnan Province, China.

Freshfields advised on both the Hong Kong and US aspects of the listing.

The Freshfields team advising on the transaction was led by US corporate partner Calvin Lai and corporate partner Richard Wang.