Kung-Wei Liu

Partner

+852 6227 9160

kungweiliu@tongshang.com


Kung-Wei Liu is a partner of Eric Chow & Co. in Association with Commerce and Finance Law Offices.

Kung-Wei specialises in advising Hong Kong and offshore capital markets transactions, including initial public offerings and other equity offerings of PRC companies. He has nearly 20 years of rich experience in the Hong Kong capital market and has undertaken Hong Kong listing and other equity issuance projects for large Chinese institutions and various private enterprises. In prospectus drafting, he receives high recognition from issuers and investment banks. In particular, he plays an instrumental role in identifying and making recommendations on the company's business highlights and core competitiveness. He has rich sector experience and market experience. He plays a crucial role in effectively communicating investment stories and addressing inquiries from listing regulators.

Kung-Wei had worked in both the New York and Hong Kong offices of Sullivan & Cromwell for over 10 years. He has worked in Allan Overy Shearman Sterling for more than 7 years and served as partner in the US Capital Market and Global ECM Practice.

  • Work Experience
  • Education
  • Admissions and Qualifications
  • Languages

Equity Capital Markets

  • ContiOcean Environment Tech Group Co., Ltd. (HKEx: 2613) in its global offering and IPO of H-shares on the Main Board of the Hong Kong Stock Exchange. ContiOcean Environment Tech Group Co., Ltd is a PRC-based maritime environmental protection equipment and system provider.
  • S. Lines Limited (HKEx: 2510) in its global offering and listing and IPO on the Main Board of the Hong Kong Stock Exchange. T.S. Lines Limited is an Asia Pacific Region focused container shipping company.
  • Zhejiang HangKe Technology in its global depository receipts (GDR) offering and listing on the SIX Swiss Exchange. Awarded Equity Market Deal of the Year, ALB Hong Kong Law Awards 2023.
  • Shandong Boan Biotechnology Co., Ltd. (HKEx: 6955) in its spin-off from Luye Pharma Group (HKEx: 2186) and separate listing of its H-Shares on the Main Board of the Hong Kong Stock Exchange. Shandong Boan Biotechnology Co., Ltd. is an integrated biopharmaceutical company in the PRC.
  • Greentown Management Holdings Company Limited (HKEx: 9979) in its spin-off from Greentown China Holdings Limited (HKEx: 3900) and listing on the Main Board of the Hong Kong Stock Exchange. Greentown Management Holdings Company Limited is one of the largest project management company in the PRC real estate market.
  • The joint sponsors and underwriters on the global offering and listing of Immunotech Biopharm Ltd (HKEx: 6978) on the Main Board of the Hong Kong Stock Exchange. Immunotech Biopharm Ltd. is a leading cellular immunotherapy biopharmaceutical company in China.
  • Duiba Group Limited (HKEx: 1753) in its global offering and listing on the Main Board of the Hong Kong Stock Exchange. Duiba Group Limited is an user management SaaS provider for online businesses and the leading interactive advertising platform operator in China.
  • New Century Healthcare Holding Co. Limited (HKEx: 1518) in its global offering and listing on the Main Board of the Hong Kong Stock Exchange. New Century Healthcare Holding Co. Limited is a leading private pediatric healthcare provider in Beijing.
  • CSmall Group Limited (HKEx: 1815) in its spin-off from China Silver Group Limited (HKEx: 0815) and listing on the Main Board of the Hong Kong Stock Exchange. CSmall Group Limited is an integrated online and offline Internet-based jewellery retailer in China.
  • China Natural Resources, Inc. (CHNR) in its spin-off and listing on the HKEX of one of its wholly-owned subsidiaries, Feishang Anthracite Resources Limited (HKEx: 1738), which operated the coal mining and related businesses of CHNR.
  • Shengjing Bank Co., Ltd. (HKEx: 2066) in its global offering and listing of H-shares on the Main Board of the Hong Kong Stock Exchange. Shengjing Bank Co., Ltd. is one of the largest city commercial banks in Northeast China.
  • The sponsors in the De-SPAC transaction of Aquila Acquisition Corporation and com and the listing on the Main Board of the Hong Kong Stock Exchange.
  • The sole sponsor and underwriters on the global offering and listing of Tianju Dihe (Suzhou) Technology Co., Ltd. (HKEx: 2479) on the Main Board of the Hong Kong Stock Exchange. Tianju Dihe (Suzhou) Technology Co., Ltd. is an integrated API-enabled data exchange service provider in China.
  • The joint sponsors and underwriters on the global offering and listing of REPT BATTERO Energy Co., Ltd. (HKEx: 0666) on the Main Board of the Hong Kong Stock Exchange. REPT BATTERO Energy Co., Ltd. is a lithium-ion battery manufacturer in China.
  • The joint sponsors and underwriters on the global offering and listing of LC Logistics, Inc. (HKEx: 2490) on the Main Board of the Hong Kong Stock Exchange. LC Logistics, Inc. is an integrated cross-border seaborne logistics service provider in China.
  • China Yangtze Power’s underwriters in relation to its offering of GDRs and admission to trading on the Shanghai London Stock Connect segment of the London Stock Exchange.
  • Hangzhou GreatStar’s underwriters on its GDR offering and listing on the SIX Swiss Exchange.
  • Zhejiang Supcon Technology’s underwriters on its GDR offering and listing on the SIX Swiss Exchange.
  • The joint sponsors and underwriters on the global offering and listing of JL MAG Rare-Earth Co., Ltd. (HKEx: 6680) on the Main Board of the Hong Kong Stock Exchange. JL MAG Rare-Earth Co., Ltd. engages in the research and development, production, and sale of NdFeB permanent magnetic materials in China.
  • The joint sponsors and underwriters of Shimao Services Holdings Limited (HKEx: 0873) on its spin-off from Shimao Group Holdings and listing of shares on the HKEX of Shimao Services. Shimao Services Holdings Limited is a leading comprehensive property management and community living service provider in the PRC
  • The joint sponsors and underwriters on the global offering and listing of Central China New Life Limited (HKEx: 9983) on the Main Board of the Hong Kong Stock Exchange. Central China New Life Limited is one of the largest property management service providers in central China region.
  • The sole sponsor and underwriters on the global offering and listing of Scholar Education Group (HKEx: 1769) on the Main Board of the Hong Kong Stock Exchange. Scholar Education Group is an after-school education service providers in PRC.
  • The joint sponsors and underwriters on the global offering and listing of Midea Real Estate Holdings Limited (HKEx: 3990) on the Main Board of the Hong Kong Stock Exchange. Midea Real Estate Holdings Limited is a large renowned national property developer in the PRC.
  • The joint sponsors and underwriters on the global offering and listing of Zhongyuan Bank Co., Ltd. (HKEx: 1216) on the Main Board of the Hong Kong Stock Exchange. Zhongyuan Bank Co., Ltd. is a city commercial bank in Henan Province, PRC.
  • The joint sponsors and underwriters on the global offering and listing of China Unienergy Group Limited (HKEx: 1573) on the Main Board of the Hong Kong Stock Exchange.
  • The joint sponsors and underwriters on the global offering and listing of Bank of Zhengzhou Co., Ltd. (HKEx: 6196) on the Main Board of the Hong Kong Stock Exchange. Zhengzhou Co., Ltd. is a regional joint stock commercial bank in China.
  • The joint sponsors and underwriters on the global offering and listing of People’s Insurance Company (Group) of China Limited (HKEx: 1339) on the Main Board of the Hong Kong Stock Exchange. People’s Insurance Company (Group) of China Limited is a holding company that mainly provides insurance products in PRC.
  • The joint sponsors and underwriters on the global offering and listing of New China Life Insurance Company Ltd (HKEx: 1339) on the Main Board of the Hong Kong Stock Exchange New China Life Insurance Company Ltd is a Chinese life insurance company based in Beijing.
  • CLSA, UBS, CICC and CMBI on the USD1 billion equity fund raising by Hong Kong and Shenzhen dual-listed China Vanke , Ltd. (HKEx: 2202) by way of placement of new H-shares.
  • An US Investment Bank as the sole placing agent on the placement of 3.16% shares in MicroPort Scientific Corporation (HKEx:0853) by Carlyle, raising gross proceeds of USD49.9 million.
  • A leading international investment bank on the top-up placement of shares in HKEx-listed Country Garden Services Holdings Company Limited (HKEx: 6098). Country Garden Services Holdings was a subsidiary of Country Garden Holdings, the largest property developer by sales in China, before its spin-off for separate listing on HKEX.
  • A leading international investment bank as the sole placing agent on the placement of H-shares in HKEx-listed Beijing Capital International Airport by a leading conglomerate.
  • An international investment bank in the top-up placement by HKEX-listed Orient Overseas.
  • Two leading investment banks on the placement of H-shares in HKEx-listed Shandong Weigao Group Medical Polymer.
  • A leading international bank as the sole placing agent on the placement in HKEx-listed Shenzhou International by the controlling shareholders.
  • G-Resources in its placement of new shares raising USD100 million.
  • China Zenix Auto International Limited’s the underwriters to on its SEC-registered offering of American depositary shares.
  • The underwriters of Boston Private Financial Holdings, Inc.’s public offering of its common stock which raised net proceeds of USD27.25 million.
  • The sales agent for KeyCorp’s USD1 billion "at-the-market" common stock offering as part of its Tier 1 common equity capital raising efforts pursuant to the results of the U.S. Government's Supervisory Capital Assessment Program.
  • The underwriter of an SEC-registered secondary sale of USD95.85 million aggregate principal amount of the Republic of Panama's 6.700% U.S. Dollar-Denominated Amortizing Global Bonds due 2036.
  • The joint book-running managers, along with 11 other co-managers on Regency Centers, L.P.’s SEC-registered offering of USD150m aggregate principal amount of 6.000% Notes due 2020.

Debt Capital Markets

  • China Mengniu Dairy in its offering of USD194.8m zero coupon exchangeable bonds, and listed on the Hong Kong Stock Exchange.
  • Want Want China Holdings Limited in its offering of USD500m 2.875% guaranteed bonds due 2022 through its finance subsidiary, Want Want China Finance Limited and listed on the Hong Kong Stock Exchange.
  • Taikang Insurance in its USD800m bonds offering and listed on the Hong Kong Stock Exchange.
  • China Oriental in its global cash tender offer and exit consent in relation to the repurchase of its USD111m outstanding senior notes due 2017.
  • ENN Energy Holdings Limited in its cash tender offer to repurchase any and all of its outstanding USD400m bonds due 2019.
  • China Shenhua Overseas Capital, an overseas subsidiary wholly-owned by China Shenhua Energy, in its USD1.5bn investment-grade bond offering and listed on the Hong Kong Stock Exchange.
  • ENN Energy in its USD400m investment-grade bonds offering and listed on the Hong Kong Stock Exchange.
  • Want Want China Holdings Limited on its USD600m Rule 144A and Reg S debut dollar-denominated notes offering and listed on the Hong Kong Stock Exchange.
  • The underwriters, on Aflac Incorporated’s SEC-registered offering of USD850m 8.500% Senior Notes due 2019.
  • American Casino & Entertainment Properties LLC and ACEP Finance Corp on their issuance of USD375m aggregate principal amount of 11% Senior Secured Notes due 2014.
  • The underwriter of an SEC-registered secondary sale of USD95.85m aggregate principal amount of the Republic of Panama's 6.700% U.S. Dollar-Denominated Amortizing Global Bonds due 2036.
  • Columbia Law School, 2008, J.D.
  • Columbia Law School, 2008, LL.M.
  • National Taiwan University, 2000, LL.M.
  • National Taiwan University, 1998, LL.B.
  • Solicitor, Hong Kong SAR
  • New York
  • Taiwan

English and Mandarin