News Updates
Find out all about our firm’s latest news updates below. To learn more about any individual item, please contact us here.
News Updates
Find out all about our firm’s latest news updates below. To learn more about any individual item, please contact us here.
Stevenson, Wong & Co. acted as the Hong Kong legal adviser to Spartan Capital Securities, LLC (“Spartan Capital Securities”), the underwriter of Junee Limited (NASDAQ: JUNE) (“Junee”) in the successful listing on the Nasdaq Capital Market on 17 April 2024 (the “Nasdaq Listing”). Junee offered a total of 2,000,000 Ordinary Shares, priced at US$4.00 per share. The aggregate gross proceeds from the Offering will be US$8 million.
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Junee, through the subsidiaries, OPS Interior Design Consultant Ltd. (“OPS HK”) provides quality interior design, fit-out and maintenance services to both residential and commercial clients in the Hong Kong interior design market. OPS HK also provides a broad range of repair and maintenance services, including routine home condition upkeep services. OPS HK won the Muse Design Award in 2020, and was the given Most Valuable Companies in Hong Kong Award 2020 by Mediazone.
Our Partners, Mr. Hank Lo and Mr. Gordon Tsang, and Associate Mr. Gary Kwok, acted as the Hong Kong legal counsel for Spartan Capital Securities in the Nasdaq Listing and provided comprehensive Hong Kong legal services.
Please contact Mr. Hank Lo or Mr. Gordon Tsang for any enquiries or further information about this transaction.
Stevenson, Wong & Co. acted for the placing agents and the trustee in the successful issuance of CNY95 million 8.0% bonds due 2026 by Weifang Water Investment Group Co., Ltd. (the “Issuer”).
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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.
Wanhai Securities (HK) Limited, Haitong International Securities Company Limited, Dongxing Securities (Hong Kong) Limited, Tung Yat Securities Limited, Interarch Asset Management Limited and Raising International Securities Limited acted as the placing agents in this issuance.
Our placing agent’s counsel team was led by Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau and Ms. Audrey Ng, Trainee Solicitor Mr. Austin Kot, and Paralegal Mr. Jay Lee.
Stevenson, Wong & Co. acted for the joint lead managers and the trustee in the successful listing and issuance of CNY400,000,000 7.5% Bonds due 2027 (the “Bonds”) by Weifang Water Investment Group Co., Ltd. (the “Issuer”). The Bonds were listed on Chongwa (Macao) Financial Asset Exchange Co., Limited (“MOX”) on 11 March 2024 (MOX Bond Code: MOXTB24043).
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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.
Interarch Asset Management Limited and Haitong International Securities Company Limited acted as the joint global coordinators, joint bookrunners and joint lead managers. Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, Shanggu Asset Management (Asia) Limited, Integrity Construction & Development Securities Group Limited, Zhongtai International Securities Limited and Orient Securities Limited acted as the joint bookrunners and joint lead managers.
Our manager’s counsel team was led by Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau and Ms. Audrey Ng, Trainee Solicitor Mr. Austin Kot, and Paralegal Mr. Jay Lee.
Please contact our Partner Mr. Rodney Teoh for any enquiries or further information.
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.

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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.
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Stevenson, Wong & Co. acted as international counsel for the placing agents in the successful issuance of CNY107.5 million 8.0% bonds due 2025 by Liaocheng Guotai Dongchang Urban Construction & Development Group Co., Ltd. (the “Issuer”).
The Issuer is a state-owned enterprise wholly-owned by the Liaocheng Dongchangfu Finance Bureau. The Issuer is major land development and urban construction entity and a state-owned asset operator supported by the Liaocheng Dongchangfu District People’s Government. The main business of the Issuer and its subsidiaries is to undertake the investment, financing, implementation, and operation of affordable housing projects, with a focus on the demolition and resettlement of such projects.
Fortune Origin Securities Limited (formerly known as AMC Wanhai Securities Limited) and Haitong International Securities Company Limited acted as the joint global coordinators, joint lead managers and joint bookrunners. BOCOM International Securities Limited, TFI Securities and Futures Limited, Tung Yat Securities Limited and Shenwan Hongyuan Securities (H.K.) Limited acted as the joint lead managers and joint bookrunners.
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.
