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Zhong Lun Advises on HK IPO and Listing of Longfor Properties Co., Ltd. 2009-11-20

Chinese real estate developer Longfor Properties Co., Ltd. sold 1 billion shares at HK$7.07 per share and raised HK$7.07 billion through an initial public offering (IPO) on the Hong Kong Stock Exchange on November 19, 2009.

Zhong Lun Law Firm acted as PRC counsel for the joint book runners of the IPO, Citigroup Inc, Morgan Stanley and UBS AG. Partners Anthony Qiao (Shanghai office) and Chen Limin (Shenzhen office) led a service team from the law firm which also comprised associates Chen Yao, Xu Taofeng, Jiang Xiaoniao and Peng Wenjing from Shanghai office, and associates Li Qinglin, Wu Yi and Yu Jie from Shenzhen office.

Longfor Properties Co. Ltd. is engaged in property development, property investment and property management businesses in China.

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