Linklaters has advised PICC Property and Casualty Company (“PICC P&C”) on the compliance with the Hong Kong Listing Rules matters in relation to its acquisition of 19.99% stake in Hua Xia Bank from Deutsche Bank.

Linklaters has assisted PICC P&C with review of the underlying transaction document and preparation of the regulatory announcements.

The team was led by the corporate partner P.H. Chik (based in Beijing), with the assistance from the managing associate Soo Jeong Hwang (based in Shanghai) and paralegal Feng Yuze (based in Beijing). 

Linklaters has a long standing relationship with PICC P&C, having been its Hong Kong law compliance advisers since its listing on the Hong Kong Stock Exchange in 2003.

Linklaters has also advised PICC P&C on its three rounds of rights issues in the past five years.