With the Stock Exchange of Hong Kong Ltd.’s recent green light to list new economy enterprises (including pre-revenue biotech companies and those with dual or weighted voting structures), Hong Kong is widely expected to take center stage as a global initial public offering destination.
“The new regime in Hong Kong favors innovation and growth,” said Joelle Lau, partner-in-charge of Jones Day’s Hong Kong office. “We are seeing a surge of interest and Japanese companies looking to raise capital may wish to consider Hong Kong.”
Jones Day has unique expertise in this area and is ready to help. Last year, the firm successfully completed the Hong Kong IPO of Precision Tsugami China Corp. This was achieved through a spinoff of the entire Chinese-based operations of its parent company, renowned machine tools manufacturer Tsugami Corp.
As one of the world’s largest and most geographically diverse law firms, Jones Day believes in responsive and dedicated client service. With over 2,500 lawyers and 43 offices on five continents, Jones Day’s “One firm worldwide” approach gives clients seamless access to substantial legal resources.
Nearly half of the Fortune 500, Fortune Global 500 and Financial Times Global 500 consistently come to Jones Day for advice. In 2018, the firm ranked number one in the Client Service A-Team report published by BTI Consulting Group and, in the process, became the only firm to date to be awarded “Best of the Best” status in consecutive years.
In North Asia, Jones Day has offices in Tokyo, Hong Kong, Beijing, Shanghai and Taipei. Jones Day is passionate about its work and looks forward to assisting clients across the region.