Shearman & Sterling advised Future Land Development Holdings Limited (“Future Land”), a Chinese real estate developer, in connection with the HK$2.06 billion ($265 million) primary listing and global offering on the Hong Kong Stock Exchange.
Founded in 1996, Future Land is a leading property developer headquartered in Shanghai, China, focusing primarily on the development of quality residential properties and mixed-use complex projects.
Future Land becomes the second real estate developer to complete the initial public offering on the Hong Kong Stock Exchange so far this year, amidst challenging market conditions in the equity market.
The following Shearman & Sterling team advised the issuer in the transaction: Hong Kong managing partner Colin Law and Asia managing partner Matthew Bersani (both Hong Kong-Capital Markets), and associates Paloma Wang (Hong Kong-Capital Markets), Ge Yang (Beijing-Capital Markets), Jennifer Ng (Hong Kong-Capital Markets) and Yingying Tao (Shanghai-Capital Markets).
