Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised Morgan Stanley as the sole bookrunner in the HK$1.62 billion (approximately US$208 million) Hong Kong IPO and global offering of Yuzhou Properties Company Limited (Yuzhou Properties), a leading property developer in China’s Fujian province. The listing comprised a Hong Kong public offer and an international offering, including a placement under Reg S/Rule 144A.

Earlier in October, the firm advised Glorious Property Holdings Limited on its HK$9.9 billion (approximately US$1.28 billion) as well as Citigroup and Deutsche Bank AG as bookrunners and joint lead managers on the HK$2.1 billion (approximately US$265 million) IPO of China Vanadium.

The Paul Hastings team was led by capital markets partners Raymond Li and Sammy Li, assisted by associates Christina Loh and Esther Fung. The U.S. capital markets team on the transaction was led by Neil Torpey, Chair of the Paul Hastings Office in Hong Kong assisted by associate Justin Wolff.