m88 bonusssists Datang Group’s IPO on the Main Board of HKEX

On December 11, 2020 China Datang Capital Holdings Co., Ltd. ("Datang Group") (HKEX: 2117) was successfully listed on the Main Board of the Stock Exchange of Hong Kong. The company issued 333,400,000 ordinary shares worldwide at a price of HK .56 per share, with the total amount raised approximately HK .52 billion (assuming the overallotment right has not been exercised).

Datang Group is a property developer in China focused on the development of residential and commercial properties. Headquartered in Xiamen, the company develops propertiem88 bonusn selected economic zonem88 bonusn China, including the Economic Zone on the West Side of the Taiwan Straits, Guangxi Beibu Gulf Economic Zone, Beijing-Tianjin-Hebei urban agglomeration, the Economic Zone in the Mid-Yangtze River Region, the Yangtze River Delta Economic Zone and the Chengdu-Chongqing Economic Zone. In 2020, Datang Group was ranked 88th in China's ‘Top 500 Real Estate Development Enterprises’ by the China Real Estate Association and the China Institute of Real Estate Appraisers and Agents.

m88 bonuscted as the domestic legal counsel to ICBC International Capital Co., Ltd., the sponsor of this project. Working to a very tight deadline, m88 bonusssisted the sponsor in conducting comprehensive domestic legal due diligence, reviewing and modifying the application and issuance documents in relation to this offering, and issued PRC legal opinion. JunHe's meticulous, professional, efficient and experienced legal services have earned the high recognition of Datang Group and the other intermediaries involved in this project.

The leading partner of this project was Mr. HU, Yijin.