International law firm Freshfields Bruckhaus Deringer has advised New China Life Insurance Company Ltd. (NCI) on its US$1.9 billion global offering of shares and simultaneous A + H listing on the Hong Kong and Shanghai stock exchanges. With today’s listing, NCI became the only company to have A + H shares listed simultaneously this year.

Established in 1996, NCI is a large life insurance company in the PRC. It provides a broad range of life insurance products and services to individual and institutional customers through an extensive distribution network in mainland China. 

“Being the only company to list A and H shares this year is a real accomplishment and we congratulate New China Life on its successful listing in Hong Kong and Shanghai,” said Teresa Ko, Freshfields China Chairman. 

In addition to Teresa Ko, the Freshfields global capital markets team was led by partners Richard Wang and Stephen Revell and was supported by associates Yingli Liu and Jason Xu. David Yi, Wei Chen and Will Wang, legal consultants, and Chris Fu, trainee solicitor, completed the team.