Jingtian & Gongcheng Advises Baoxin Auto Group on its HKD 3.2 Billion IPO and SEHK Listing
Date:2011-12-14
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December 14, 2011, Baoxin Auto Group Limited launched its initial public offering (IPO) for aHong Kong Stock Exchange main board listing under the stock code of HK01293. The share offering was priced at HKD 8.5 per share and raised HKD 3.2 billion in total.
Baoxin Auto Group is one of the leading dealerships of luxury and ultra-luxury automobile in China, selling cars made by BMW (including MINI) , Land Rover and Jaguar.
Jingtian & Gongcheng represented the issuer in the listing.