Linklaters is pleased to have advised long-term client BBVA on the sale of a US$590 million stake in China CITIC Bank. Goldman Sachs was the sole placing agent for the sale.

Linklaters Hong Kong-based partner Gilbert Li, commented: “This is yet another example of Linklaters leading position in the market as we recently acted on PCCW’s US$1.1 billion block sale of 11% in HKT – the region’s biggest block trade in 2017."

Linklaters partner Gilbert Li led the transaction, supported by counsels Iris Leung and Iris Yeung and associate Soo Jeong Hwang.