• Tongshang & Tongshang HK jointly represented Semk Holdings in its HK IPO

    Starting the new year with a bang, Eric Chow & Co. in Association with Commerce & Finance Law Offices (“Tongshang Hong Kong”), together with our PRC office, Commerce & Finance Law Offices (“Tongshang”), jointly represented Semk Holdings International Limited (‘Semk Holdings’, Stock Code: 02250.HK) on its listing on the Main Board of the Hong Kong Stock Exchange (“HKEx”) on 17 January 2022. Unaffected by the current market instability, the successful Hong Kong Public Offering of Semk Holdings recorded an over-subscription by approximately 6.31 times. Semk Holdings’s listing is yet another project completed by the collaboration between Tongshang and Tongshang Hong Kong and which we proudly provided a “one-stop shop” with comprehensive PRC and Hong Kong legal services to the sole sponsor and underwriters.

    Tongshang and Tongshang Hong Kong acted as the PRC and Hong Kong legal advisors, respectively, to the Sole Sponsor, China Everbright Capital Limited, and the underwriters including but not limited to BOCOM International Securities Limited, China Everbright Securities (HK) Limited, CMBC Securities Company Limited, First Shanghai Securities Limited, Fosun Hani Securities Limited, Grand China Securities Limited, Guotai Junan Securities (Hong Kong) Limited etc.

    Semk Holdings International Limited is the second largest domestic character IP company and ranked fifth among all character IP companies in China, in terms of character licensing revenue in 2020, and with a market share of around 2.4% according to Frost & Sullivan.

    The Tongshang Hong Kong team was led by our Managing Partner Eric Chow and Partner Priscilla Lee. Other team members include Associates Jessie Cheung and Lawrence Tam, supported by Trainee Solicitors Angela Ng and Jessica Yu.

    We continue to be one of the leaders in the Hong Kong IPO market. According to latest data from Ryanben Capital, Tongshang was the no. 1 legal adviser to PRC law in the Hong Kong IPO league table by deal volume in 2021. (January – December 2021).

    See More
  • Tongshang Hong Kong is ranked in 'Asia's Fastest Growing Firms' by Asian Legal Business (ALB) 2021

    We’re delighted to announce that we have been recognized by Asian Legal Business (ALB) as one of the “Asia’s Fastest Growing Firms 2021”.

    ALB Fastest Growing Firms Listing shortlisted the Top 30 fastest growing law firms across Asia, by its significant growth in fee-earners, expansion in the form of new offices, additions of key partners, important clients and revenue growth in a year.

    Eric Chow & Co. in Association with Commerce & Finance Law Offices established in 2018, throughout the past years, we continued to expand to provide seamless legal services to our clients through the close collaboration and strong network with our PRC offices. We believe that people is the core element to sustain our growth strategy, that’s why it is our intention to provide a vibrant and enjoyable working environment to our people.

    See More
  • Eric Chow is recognized as one of the Asia ’40 under 40’ 2021 by Asian Legal Business

    We are pleased to announce that our Hong Kong Managing Partner, Eric Chow, has been recognized as one of the Asia’s ‘40 Under 40’ 2021 list by Asian Legal Business (“ALB”).

    ALB Asia’s annual 40 Under 40 list profiles the most accomplished lawyers (including lawyers in private practice and in-house) in Asia under 40 years of age, who provided high-quality legal work and have gone above and beyond for their clients or the industry. Throughout his 15 years of practice, Eric has been highly regarded by his colleagues, peers and clients, with one client describing him as “a very capable corporate partner who has great track record in his career with international law firms and has recently positioned himself well in tapping into Commerce & Finance's vast network and expertise in Mainland China, and extending that to Hong Kong to better serve his clients.”

    See More
  • TSHK advised Hangzhou Shangcheng District Urban Construction & Comprehensive Development Co., Limited on its US$200 million guaranteed bonds

    On 12 August 2021, Eric Chow & Co. in Association with Commerce & Finance Law Offices (“TSHK”) advised Zhejiang Baron (BVI) Company Limited (the “Issuer”), an offshore wholly-owned subsidiary of Hangzhou Shangcheng District Urban Construction & Comprehensive Development Co., Limited (formerly known as “Hangzhou Jianggan District Urban Construction & Comprehensive Development Co., Limited”), (“Hangzhou Shangcheng Comprehensive Development” or the “Guarantor”) in a total of US$200 million, 2.25 per cent. guaranteed bonds due 2024, with 10.5 times oversubscribed at its peak, setting a record for the lowest interest rate of U.S. Dollar bonds on the same rating platform in the PRC.

    Hangzhou Shangcheng Comprehensive Development was founded on 25 March 2003 with a registered capital of RMB 3 billion, and mainly carries out regional comprehensive development projects, including land development, construction of relocation housing projects and management of infrastructure and public facilities development projects. It also engages in product sales, commercial housing and real estate development, property management and other principal operating activities, which continues to diversify its business portfolio and is committed to provide collaborative development within its core business.

    TSHK acted as the international legal adviser to the Issuer and the Guarantor, providing legal services in relation to the issuance, including drafting the offering circular, preparing and submitting listing application documents and other legal documents. The team was led by Eric Chow (Managing Partner) and Priscilla Lee (Partner), supported by Kevin Tian (Registered Foreign Lawyer) and Ziwei Qiu (Legal Assistant).

    See More