Latham & Watkins has assisted Asia Community Ventures (“ACV”), on a pro bono basis, in its incorporation and registration as a company limited by guarantee with the Companies Registry and its successful application for charity status under Section 88 of the Inland Revenue Ordinance (Cap. 112) (the “Ordinance”). ACV is an independent, Hong Kong-based not-for-profit organization supporting impact investing and social entrepreneurship in Hong Kong and Asia. Among its activities, ACV, working in partnership with The Rockefeller Foundation, has launched the “Impact Economy Innovations Fund” offering unconditional grants of up to a total of $400,000 to fund intermediaries that promote the growth of impact investing and social enterprise work in Asia.

More >>

The Firm is representing Alibaba Group Holding Limited, China’s largest e-commerce company, in connection with its investment in Weibo Corporation and strategic alliance with SINA Corporation (NASDAQ GS: SINA). Alibaba, through a wholly owned subsidiary, has invested $586 million to purchase preferred and ordinary shares of representing approximately 18% of Weibo on a fully-diluted basis. SINA has also granted an option to Alibaba to enable Alibaba to increase its ownership in Weibo to 30% on a fully-diluted basis at a mutually agreed valuation within a certain period of time in the future.

More >>

Baker & McKenzie is acting as counsel to Wheelock Properties Limited (“WPL”) on its HK$4.5 billion (US$580 million) sale of the West Tower at One Bay East, Kowloon East to Manulife (International) Limited (“Manulife”). According to property market analysts, the deal marks the largest single office tower sale & purchase transaction in Kowloon to date, and is also the second-highest price on record for a whole office tower in Hong Kong.

More >>

Paul Hastings, a leading global law firm, announced today that it represented Future Land Development Holdings Limited (“Future Land”), a leading Chinese property developer focused on developing quality residential and mixed-use projects and listed on the Hong Kong Stock Exchange, in a CNH high yield bond offering of senior notes (“Notes”) with an aggregate principal amount of RMB1.5 billion, due 2016.

More >>

Paul Hastings, a leading global law firm, announced today that it advised CDH Investments (“CDH”), an international alternative asset fund manager focusing on investments in private equity, venture capital, real estate, mezzanine and public equity markets with over US$8 billion of assets under management, as one of the Subscribers in Hong Kong-listed Man Wah Holdings Limited’s (“Man Wah”) HK$850 million convertible bonds issuance.

More >>

Morrison & Foerster today announced that Marcia Ellis, a highly accomplished M&A and private equity lawyer, has rejoined the firm as a corporate partner in its Hong Kong office. She advises clients on debt financing, private equity transactions and complex cross-border mergers and acquisitions.

More >>

International law firm Freshfields Bruckhaus Deringer has elected Tim Mak as a partner in its Asia dispute resolution practice, based in Hong Kong. Tim has practised in Hong Kong for 15 years, two of which he spent at the Securities and Futures Commission (SFC).

More >>

Baker & McKenzie recently advised HKSE-listed Li Ning Company Limited (the “Company”), one of the leading sports brand enterprises in the PRC, in relation to its open offer of convertible securities in the principal amount of HK$1,847.8 million (US$ 236.9 million), which are convertible into shares in the capital of the Company.

More >>

Victoria Lloyd, a leading capital markets and M&A lawyer, is joining Ropes & Gray in its Hong Kong office. Ms. Lloyd’s arrival enhances the firm’s service to clients on their important financial transactions in the dynamic marketplace of Hong Kong and China.

More >>

Paul Hastings, a leading global law firm, announced today that it represented Haitong International Securities Group Limited (“Haitong International”), a subsidiary of Haitong Securities Co., Ltd., which is the second largest securities firm in China by total assets, in its HK$1.17 billion rights issue. One rights share for every two existing shares was offered at HK$2.55 per rights share.

More >>