Morrison & Foerster Completes Zall Development’s US $195 Million Hong Kong IPO

Morrison & Foerster recently advised BNP Paribas Capital (Asia Pacific) Limited (“BNP”) and BOCOM International (Asia) Limited as joint sponsors for Zall Development’s Hong Kong IPO, raising approximately US$195 million. Zall Development is a leading developer and operator of large-scale, consumer product-focused wholesale shopping malls in China.

The firm also recently advised Piper Jaffray as sole sponsor of Shanghai-based car parts supplier, Shuanghua Holdings Limited’s initial public offering and listing on the Hong Kong Stock Exchange. The IPO was successfully launched notwithstanding challenging market condition.

Morrison & Foerster’s Hong Kong Office Managing Partner Ven Tan led the transaction team.

www.mofo.com


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