Sidley has advised the sole sponsor and the underwriters in the initial public offering of China YuHua Education Corporation Limited (China YuHua Education) on the Stock Exchange of Hong Kong. Our clients were CITIC CLSA Capital Markets Limited as the sole sponsor, as well as CLSA Limited, Merrill Lynch Far East Limited, Merrill Lynch International, CCB International Capital Limited, First Capital Securities Limited and Orient Securities (Hong Kong) Limited as the underwriters. The total offering amount was HK$1.5 billion (approximately US$198 million).
China YuHua Education is a private education service operator in China.
The Sidley team was led by partner Constance Choy from the Hong Kong office, as well as partners Kefei Li and Mengyu Lu, both based in Beijing. The team also included Beijing-based associates Angela Zhang and Jin Jin, as well as Hong Kong-based associate Lindsay Gao, with support from legal assistants Rock Liu and Hongwei Lin, both from the Beijing office.