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“Deacons maintains a strong pipeline of deals”.   

Legal 500 Asia Pacific 

Excellence in equity 

Our strong experience in equity capital markets work across the region is a firm launch pad for your fundraising. 

Equity capital markets work is complex, demanding and fast-paced. It requires not just a cutting-edge knowledge of stock exchange regulations, but a feel for how the market will react to an issuance. This only comes with experience. Our proven track record and unmatched local knowledge in IPOs and secondary issues involving shares and other equity derivatives, such as convertible and exchangeable securities, help us provide innovative and practical solutions, enabling our clients to achieve their aims. 

We have substantial experience of advising the sponsors, listing applicants and listed companies in a wide range of industries in Hong Kong and elsewhere, some of them highly regulated, from digital media, IT hardware, biopharmaceuticals and imaging products to food and beverages, packaging, retail, home textiles and home electronics, and also including such diverse areas as construction and real estate, financial investment services, engineering, toy manufacturing and luxury products. Recent highlights include:

  • Kerry Logistics Network (Stock Code: 636) – advising the sponsors and underwriters on the spin-off and HK$2.5 billion IPO of the logistics arm of Kerry Properties Limited (Stock Code: 683). The newly listed company operates from over 400 locations in 35 countries and territories; 
  • DYNAM JAPAN (Stock Code: 6889) – this groundbreaking US$202 million offering represented the first time that a Japanese company successfully undertook a primary listing of shares in Hong Kong, and also the first time that a pachinko operation was listed on an international stock exchange;
  • Tsui Wah (Stock Code: 1314) – the first ever listing of “cha chaan teng” (i.e. a Hong Kong-style restaurant) on the Hong Kong Stock Exchange;  
  • Oi Wah Pawn (Stock Code: 1319) – the first ever listing of a pawnbroker on the Hong Kong Stock Exchange. 

If you would like to discuss in more detail how we could help your company, we would be delighted to hear from you.