Deacons advises on spin-off and HK$4.5 billion Main Board IPO of Xinyi Energy Holdings Limited

10 December 2018

Deacons advises the sole sponsor BNP Paribas Securities (Asia) Limited and underwriters in relation to the spin-off and Main Board IPO of Xinyi Energy Holdings Limited, seeking to raise up to HK$4.5 billion (subject to the exercise of over-allotment option). 

Established and spun-off from Xinyi Solar Holdings Limited (SEHK Stock Code: 968), Xinyi Energy is a leading non-State owned solar farm owner and operator in the PRC.

Xinyi Energy published its IPO prospectus on 10 December 2018.  Dealings in its shares on Main Board of the Hong Kong Stock Exchange are expected to commence on 21 December 2018.

Our team is led by Ronny Chow and Maynard Leung, Partners of our Corporate Finance Practice Group.