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Gwen Wong

Partner

Gwen Wong

Partner
Beijing +86-10-5923-5967+86-10-5923-5967 +86-10-5923-5950+86-10-5923-5950
wonggw@sullcrom.com

Gwen Wong advises on a wide variety of corporate finance transactions in the Greater China region, including securities offerings (representing issuers and underwriters in IPOs and follow-on offerings) and corporate governance and compliance. She also has extensive experience in mergers and acquisitions, having represented parties on complex cross-border deals, public takeovers, privatizations, private sales and purchases, consortium bids and private equity investments and exits. Ms. Wong is admitted as solicitor of Hong Kong and New South Wales and has practiced corporate finance law in Beijing, Hong Kong and London. Ms Wong has been awarded “Top 15 Rising Lawyers” by Asian Legal Business in 2013, and ranked as an “Up-and-Coming” lawyer by Chambers Asia 2013 and 2014.

Recognitions 

  • Asian Legal Business – Top 15 Lawyers under 40 (2013)
  • Chambers Asia – Capital Markets: Equity (International Firms) in China (2013, 2014)
  • Chambers Global – Capital Markets: Equity (International Firms) in China (2013, 2014)

“Beijing-based Gwen Wong wins plaudits for her ‘solution-focused, pragmatic and commercially sensitive’ approach, while clients remark that ‘she consistently delivers very high-quality legal advice.’"
Chambers Asia, 2013



SELECTED REPRESENTATIONS

Capital Raisings, IPOs and Securities Offerings
  • Bank of Chongqing Co., Ltd. on U.S. and HK law matters in its $550 million initial public offering globally and listing on the HK Stock Exchange
  • the underwriters in Beijing Capital Land’s $122 million Hong Kong IPO and global offering
  • China Construction Bank on its $11 billion rights issue
  • China Natural Resources (CHNR) in the spin-off and listing on the Hong Kong Stock Exchange of one of its wholly-owned subsidiaries, Feishang Anthracite Resources Limited, which operated the coal mining and related businesses of CHNR
  • China Strategic Holdings Limited on its $1 billion placement of convertible bonds and new shares to finance its acquisition of a Taiwan life insurance company
  • ENN Energy as the borrower of a bridge facility from Citi
  • ENN Energy in its $400 million investment-grade bonds offering
  • Goldman Sachs (Asia) L.L.C., the sole bookrunner and sole placing agent on the H share placing of China Pacific Insurance (Group) Co., Ltd.
  • the underwriters on the listing by introduction of Guangzhou Automobile Group Co., Ltd
  • Jingrui Holdings Limited (China) on its $180 million initial public offering and Hong Kong listing
  • Morgan Stanley & Co. International plc as the placement agent on the placement of shares in Belle International Holdings Limited, China Dongxiang (Group) Co., Ltd., China Shanshui Group Cement Limited, GOME Electrical Holdings Limited and China Mengniu Dairy Company Limited
  • Morgan Stanley, Macquarie, Credit Suisse, BOCI, Deutsche Bank and Citigroup as placement agents on the $500 million placement by Minmetals Resources Limited
  • New China Life Insurance Company Ltd. on its $1.9 billion initial public offering and dual listing on the Hong Kong and Shanghai Stock Exchanges
  • the underwriters to Ozner Water in its $169 million Hong Kong IPO
  • the placing agents to PetroChina in its $1.35 billion “top-up” placement of 800 million shares in Kunlun Energy
  • the underwriters to Phoenix Healthcare Group in its $206 million Hong Kong IPO
  • the underwriters in Sinotrans’ $502 million Hong Kong and global offering
  • Standard Chartered Securities (Hong Kong) Limited as the placing agent for Frasers Property (China) Limited in its $90.6 million placing of existing shares and subscription for new shares
  • Sun Art Retail Group Limited on its $1.05 billion global offering
  • Techtronic Industries Co., Ltd on its placement of existing shares and subscription of new shares by a director
  • Telstra Corporation on Hong Kong law matters in Autohome Inc.’s $152.9 million initial public offering and listing on the New York Stock Exchange
  • TOM Online Inc. on its dual-listing on the NASDAQ and Hong Kong Growth Enterprise Market
  • ZTE Corporation on its placement of new H Shares for a net amount of $332 million under general mandate
  • 11 investment banks in a joint submission to The Stock Exchange of Hong Kong Limited in response to the minimum public float issue raised under the Combined Consultation Paper on Proposed Changes to the Listing Rules dated 11 January 2008
Mergers & Acquisitions/Private Equity/Principal Investments
  • AXA (France) in its €485 million (approximately $631 million) acquisition of 50 percent of Tian Ping (China)
  • Bank of China (3988.HK) in its bid to acquire a controlling interest in Bank International Indonesia
  • a major hedge fund on the acquisition of H-shares in China Construction Bank (939.HK)
  • China Development Bank Capital Corporation Ltd., on its $98.5 million subscription of new shares in New Capital International Investment Limited (1062.HK) and the related whitewash waiver under the HK Takeovers Code
  • China Investment Corporation, Boyu Capital and CITIC Capital in the purchase of newly issued ordinary shares of Alibaba Group Holding Limited, as part of the approximately $7.1 billion financing of Alibaba’s repurchase of one-half of Yahoo!’s approximate 40% stake in Alibaba
  • China Mengniu Dairy to invest as the sole cornerstone investor in the initial public offering of the shares in Yuanshengtai Dairy Farm on the Hong Kong Stock Exchange
  • China Mengniu Dairy in its $212 million private placement of shares of Yashili International to Temasek, Hopu Fund and certain other private investors
  • China Mengniu Dairy’s proposed $1.7 billion acquisition of Yashili International
  • China Mengniu Dairy on its $664 million placing of shares to Danone SA
  • China Mobile in its $215 million subscription for 15% of the enlarged issued share capital in Anhui USTC iFLYTEK and the strategic cooperation in developing China Mobile’s smart voice business
  • China Oriental (581.HK) and its controlling shareholders on their successful defense against a takeover bid by its second largest shareholder and the general offer by ArcelorMittal for all its issued share capital
  • China Strategic Holdings Limited (235.HK) on its acquisition of Nan Shan Life Insurance Company for $2.15 billion and its corresponding placement of convertible bonds and new shares under specific mandate to finance the acquisition
  • China Vanadium Titano-Magnetite Mining Company Limited in the proposed $ 266 million buyback offer made by its parent, Keen Talent Holdings Ltd.
  • CST Mining Group in a $505 million sale of its 70% stake in the Mina Justa copper mine in Peru to the Minsur S.A., part of the Breca Group of Peru
  • CST Mining on its takeover of Chariot Resources (a Toronto-listed company that controls the Mina Justa Copper Mine in Peru) and its acquisition of the Lady Annie copper mine in Australia
  • Deutsche Bank in the $150 million placing of shares in China Huishan Dairy Holdings
  • ENN Energy and Sinopec on their $2.2 billion voluntary general offer for China Gas
  • ENN Energy China Investment in its $652 million subscription for equity interest in Sinopec Marketing
  • GE Capital on its joint offer with CITIC Group for the privatization of Asia Satellite Telecommunications for $282 million (1135.HK)
  • the placement agents on the placement of shares in GOME Electrical Holdings Limited and China Mengniu Dairy Company Limited
  • Guangzhou Automobile Group Co., Ltd (2238.HK) on its privatization of Denway Motors Limited (203.HK)
  • Imagi International Holdings Ltd. (585.HK), in its acquisition of Infoport Management Limited and the corresponding placement of new shares under specific mandate to finance the acquisition
  • Kerr-McGee on the sale of four North Sea oil fields to Centrica, the UK gas and electricity company, and on the sale of its remaining North Sea oil and gas assets to Danish shipping and oil company AP Møller-Maersk for £1.6bn
  • Morgan Stanley & Co. International plc as the placement agent on the placement of shares in Belle International Holdings Limited, China Dongxiang (Group) Co., Ltd and China Shanshui Group Cement Limited
  • Nomura International (Hong Kong) Limited as the financial adviser to Yue Xiu Enterprises (Holdings) Limited in its $1.5 billion acquisition of HKSE-listed Chong Hing Bank Limited using an innovative partial offer structure
  • Shimao Property Holdings Limited (813.HK) on its major and connected transaction involving the injection of certain of its assets into Shanghai Shimao Co. Ltd in exchange for an issue of new A-shares
  • Stryker Corporation in its $764 million voluntary cash offer to acquire all the shares and share options of Trauson Holdings
  • Terra Firma on its bid for RWE Thames Water plc
  • Wing Hing International (Holdings) Limited (621.HK) on its $585 million acquisition of Taung Gold Limited, a South African gold mining company and the corresponding placement of new shares under specific mandate as consideration for the acquisition
  • Wing Lung Bank (96.HK) and the selling shareholders on the proposed $4.7 billion takeover by China Merchants Bank
  • Yashili International on the disposal of 100% of its subsidiary, Yashili (Zhengzhou) Nourishment, to a joint venture company to be set up between China Mengniu Dairy and WhiteWave Foods Company for a consideration of approximately $62 million
  • Yashili International on an issue of new shares to Danone Asia (Singapore) as its strategic partner with a 25% shareholding for $571 million
  • the vendor on the auction sale of an African telecommunications company
  • on the acquisition of certain Kazakh oil and gas assets from a natural resources company listed on the Toronto Stock Exchange
  • on the acquisition of a major shareholding in an oil and gas business in Pakistan