7 May 2018

Stevenson, Wong & Co. advises Hopefluent Group Holdings Limited (Stock Code: 733) in its Cooperation Restructuring involving Major Transactions and Issue of New Shares

Stevenson, Wong & Co advised Hong Kong listed Hopefluent Group Holdings Limited (Stock Code: 733) (the “Company”) in its restructuring with Shanghai listed Poly Real Estate Group Co., Ltd (保利房地產(集團)股份有限公司) (“Poly Real Estate”) in relation to their real estate agency business cooperation (the “Cooperation Restructuring”).

The Cooperation Restructuring involves an acquisition by Hopefluent (China) Real Estate Consultancy Co., Ltd (合富輝煌(中國)房地產顧問有限公司) (“Hopefluent China”), an indirect wholly-owned subsidiary of the Company prior to the Cooperation Restructuring of Poly Real Estate Investment Consultancy Co., Ltd (保利地產投資顧問有限公司). (“Poly Consultancy”), a direct wholly-owned subsidiary of Poly Real Estate, together with its 4 companies, in consideration for the issue by Hopefluent China of 43.9% of its entire equity interests to Poly Real Estate, which constitutes major transactions under the Rules Governing the Listing of Securities on the Stock Exchange.

The Cooperation Restructuring involved more than 100 companies with an aggregate transaction value of approximately HK$3.83 billion.

Pursuant to the arrangement under the Cooperation Restructuring, the Company agreed to allot and issue, and Poly Real Estate agreed to subscribe for, 36,000,000 new shares at an issue price of HK$4.20 per new share under the specific mandate proposed to be granted to the directors of the Company.

It is expected that the Cooperation Restructuring would allow the two groups of companies to cooperate with each other to further develop and expand their primary and secondary real estate agency service business in China. The allotment and issue of the new shares of the Company to Poly Real Estate (or its nominee) will also enhance their cooperation and tie Poly Real Estate’s interest to the performance of the Company and its subsidiaries, in particular, Hopefluent China, after completion of the Cooperation Restructuring which serves as an incentive to Poly Real Estate to create value in the business of Hopefluent China.

Our firm has been advising the Company on various matters for a number of years. In relation to the Cooperation Restructuring, our legal team was led by our Partners Hank Lo and Cornelia Chu, supported by Associate Kent Chow, Trainee Solicitor Tommy Lau and Paralegal David Leung.

Representatives of the Company and Poly Real Estate attended the contract-signing ceremony for the Cooperation Restructuring on 7 May 2018

Please contact our Hank Lo for any enquiries or further information.

* translated names for identification purposes only

4 May 2018

(中文) 史蒂文生黄合伙人徐凯怡律师做客《金律良言》与二十多万凤凰观众分享「香港跨境诉讼及仲裁的机制与优势」

(中文) 2018年5月4日,本所合伙人、诉讼及争议排解部门主管徐凯怡律师做客《金律良言》,分享香港跨境诉讼及仲裁的机制与优势,并吸引超过二十万的凤凰台观众通过网上平台观看直播。

徐律师在直播中主要探讨了两大主题,分别是「香港跨境诉讼及仲裁案件类型」及「香港诉讼及仲裁的机制与优势」。在「香港跨境诉讼及仲裁案件类型」的环节中,徐律师首先介绍了香港跨境诉讼与仲裁案件类型的差异,重点讲解了涉及企业联营合作、知识产权、特许经营、国际贸易、能源及金融行业等案件的不同情况。随后,基于对内地与香港经济发展的感受,徐律师总结了不同年代香港与内地商业往来的发展历程。徐律师认为,法律服务的转变与香港的经济、国家的命运紧紧相扣,法律人要关注经济环境,为企业掌控潜在风险,提供高质服务。为了更生动形象地进行讲解,徐律师更是以自己团队亲身处理的「E租宝」案为例,向观众解析了行业经济机会和法律风险。「E租宝」案是当年互联网金融和网上借贷的经典案例,广受银行和金融界的瞩目。徐律师希望通过分享「E租宝」案提醒企业的前中后台加强配合,在防控法律风险方面多多注意,更要在风险浮现的第一时间联系专业律师采取相应的法律措施以维护企业利益。

在「香港诉讼及仲裁的机制及优势」的环节中,徐律师从地理优势、经济优势、政策优势及专业优势等多个方面介绍了香港在国家「一带一路」倡议下承担的「超级联系人」角色以及起到的「跳板作用」。作为多家仲裁机构的认可仲裁员,徐律师亦在直播中根据自己的经验和认知,分享了仲裁以及香港作为国际仲裁中心的优势,并通过自己团队处理的「山水投资」的案例加以剖析,介绍了香港法庭对于仲裁的充分支援。同时,徐律师也分享了国内公司与境外企业商订仲裁协议时需要注意防范的风险。

在直播的尾声,徐律师向观众分享了自己的经历,也向大家介绍了史蒂文生黄律师事务所40年来的历史,让观众得以初步认识本所。徐律师再次感谢《金律良言》的邀请,也非常荣幸能够成为第一位做客《金律良言》的香港律师,在这平台上以轻松、互动的方法向观众阐释有关跨境诉讼及仲裁的议题。

如想重温徐律师的直播,请浏览 http://zhibo.ifeng.com/video.html?liveid=117175

如阁下有任何查询或想了解更多详情,请联络本所徐凯怡律师

1 May 2018

Stevenson, Wong & Co. Partner Ms. Heidi Chui Appointed to New Panel of Arbitrators of Shanghai International Arbitration Center

We are delighted to announce that our Partner and Head of Litigation and Dispute Resolution Department Ms. Heidi Chui has been appointed by Shanghai International Arbitration Center (“SHIAC”) to the New Panel of Arbitrators from 1st May 2018 for a term of three years.

SHIAC received 1,470 domestic and foreign applications and registration forms. After a preliminary examination by the Selection and Disciplinary Committee of SHIAC and comprehensive consideration of their professional expertise, the need for case management, professional influence of the candidates, and deliberation at the third session of the Committee, SHIAC finally selected the new Panel of Arbitrators.

Ms. Heidi Chui is an Arbitrator (on the panel list of the Law Society of Hong Kong), Fellow of the Chartered Institute of Arbitrators (U.K.) and an Accredited General Mediator with both the Hong Kong International Arbitration Centre and the Law Society of Hong Kong. She is also a member of the Arbitration Committee of The Law Society of Hong Kong and a China Appointed Attesting Officer.

Please contact Ms. Heidi Chui for any enquiries or further information.