On 6 February 2024, our partner, deputy head of corporate finance and co-head of Fintech, Rodney Teoh, was invited to attend the Tokenized Assets & Digitized Securities Awards (TADS Awards) at Hong Kong Cyberport.

The TADS Awards, co-organised by the Asia Pacific Digital Economy Institute, Coinstreet, and Qcure Marketing, is the world’s first annual international award for the Tokenized Assets and Digitized Securities (TADS) sector. It celebrates the remarkable advancements and transformative power of tokenization across three award categories: “Best of Class TADS,” “Ecosystem Excellence,” and “Web3 Innovations”.

Mr Teoh was invited to deliver a speech and present the WEB3 INNOVATIONS category – DLT, Blockchain & Cyber Security Award. We extend our heartfelt congratulations to all the deserving winners and the organizers for hosting such a successful event. It was a privilege to participate in this esteemed awards ceremony and engage with leaders and experts from the global financial technology and financial service sectors.

Please contact our Partner Rodney Teoh for any enquiries or further information.

Stevenson, Wong & Co. acted as international counsel for the placing agents in the successful issuance of CNY256 million 8.6% bonds due 2026 by Weifang Water Investment Group Co., Ltd. (the “Issuer”).

The Issuer is a state-owned enterprise 90% owned by the State-owned Assets Supervision and Administration Commission of Weifang City and 10% owned by Shandong Caixin Asset Operation Co., Ltd.  The Issuer is a major water supply, investment and construction entity in Weifang City. The main businesses of the Issuer and its subsidiaries include engineering construction and housing sales, water sales, financing and factoring, trade and others.

Fortune Origin Securities Limited (formerly known as AMC Wanhai Securities Limited), Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, Haitong International Securities Company Limited, Head & Shoulders Securities Limited, Dongxing Securities (Hong

Kong) Company Limited, Tung Yat Securities Limited, Raising International Securities Limited, Yuan Tong Global Securities Limited, TFI Securities and Futures Limited, Orient Securities Limited, Integrity Construction & Development Securities Group Limited and Mango Financial Limited acted as the placing agents in this issuance.

Our team was led by Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau and Ms. Audrey Ng, Trainee Solicitor Mr. Leo Choi and Paralegal Mr. Jay Lee.

Please contact our Partner Mr. Rodney Teoh for any enquiries or further information.