Stevenson, Wong & Co. has contributed an article on recent developments in Hong Kong law in the English newsletter published by AllBright Law Offices. The article sets out how a Hong Kong court can assist foreign liquidators to wind up foreign companies in Hong Kong.

AllBright Law Offices, our associated law firm, is a leading full-service law firm in the PRC. The same issue of the newsletter also covers new changes in regulations concerning foreign investment and the Chinese real estate market, and provides insights into recent legal and regulatory developments in the PRC.

The newsletter is available here.

On 1 April 2016, we invited representatives from Bank of China (Hong Kong) Limited and their clients to attend our forum on asset protection at our new Landmark office. Our Head of Business Development (China) Ms. Connie Yeung delivered a presentation on how to protect assets through the establishment of family trust and the benefits of such arrangements. Attendees included Ms. Ma Chi Wing, Branch Head of North Point (King’s Road) Branch.

Please contact our Mr. Eric Lui for any enquiries or further information about this event.

From 31 March 2016 to 2 April 2016, our partner Mr. Eric Lui attended a business visit organised by The Law Society of Hong Kong in Shenyang and Dalian, PRC. The group was led by Mr. Stephen Hung, president of the Law Society. Various representatives from both the government and private sector of the legal community of the PRC attended the event, including government officials from the Shenyang Municipal Bureau of Justice and senior partners from renowned law firms. The parties exchanged view on various legal issues and also explored further cooperation between the legal industry in Hong Kong and the PRC.

Please contact our Mr. Eric Lui for any enquiries or further information about this event.

Ms. Catherine Por, Partner of Stevenson, Wong & Co. contributed the Hong Kong Chapter in International Relocation of Children, A Global Guide from Practical Law (First Edition) which was published in March 2016 by Thomson Reuters.

This Global Guide to the Law on the International Relocation of Children is a ground-breaking collaboration among experienced relocation/family law practitioners around the world, providing comprehensive and informative answers to the question of relocation of a child from his/her home country for different reasons after separation or divorce. This guide adopts a pragmatic approach to problems, which would be helpful not only to legal practitioners but also to the general public.

Please contact our Ms. Catherine Por for any queries or further information about her publication or the relocation/family law in Hong Kong.

Stevenson, Wong & Co. assisted Ching Lee Holdings Limited (8318.hk) in its initial public offering on The Stock Exchange of Hong Kong Limited

SW acted as the legal advisers to Ching Lee Holdings Limited (Stock Code: 8318), a company principally engaged in providing substructure building works services, superstructure building works services and repair, maintenance, alteration and addition for an existing structure services, in its initial public offering by way of placing on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).

300 million shares of Ching Lee Holdings Limited were placed and the final placing price was HK$0.283 per placing share. The shares were listed on the Stock Exchange on 29 March 2016.

Please contact our Mr. Hank Lo or Ms. Cornelia Chu for any enquiries or further information about this transaction.

On 23 March 2016, our partner Mr. Eric Lui, senior associate Ms. Freda Au and banking department legal executive Mr. Man Wong together with Mr. Du Xiaodong, partner of AllBright Law Offices were invited by Bank of China (Hong Kong) Limited, Kowloon East Commercial Centre to give a presentation on various banking and corporate finance matters.

Mr. Lui delivered a presentation titled “The Key Points for Overseas IPOs and Merger and Acquisitions Transactions”. The presentation covered the basic requirements for listing in Hong Kong, reorganisation of red-chip companies and loan arrangements when pledging shares of listed companies.

Mr. Du gave his presentation on legal issues faced by offshore banks when dealing with PRC companies. Different PRC laws relating to foreign exchange management and guarantee were explained in great detail.

Please contact our Mr. Eric Lui for any enquiries or further information about this event.