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Conyers Dill & Pearman provided Cayman Islands and BVI advice on the initial public offering and listing of Zhong Ao Home Group on the main board of the Hong Kong Stock Exchange.
Zhong Ao Home Group, a mainland property management firm, raised HK$421 million in its IPO. The transaction highlights the growing interest of investors in China property management stocks as Chinese developers seek to diversify beyond pure property development into ancillary services.
Christopher Bickley and Charissa Ball of Conyers’ Hong Kong office advised on the matter working alongside Stevenson, Wong & Co.