05 NOVEMBER 2020 Top 10 Headlines | REUTERS China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.
The Shanghai stock exchange said it had suspended the company’s initial public offering (IPO) on its tech-focused STAR Market, prompting Ant to also freeze the Hong Kong leg of its dual listing scheduled for Thursday. Read More | | | | | | | | | | | | | | | | | | | | | | For more news, click here to visit the website |
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| Magic Circle law firm Clifford Chance has named banking and finance lawyer Dauwood Malik as the managing partner of its Hong Kong office. Full Article |
| Allen & Gledhill, TMI Associates, Haiwen & Partners and YKVN have advised Nanofilm Technologies International on its S$470.1 million ($346 million) initial public offering on the Singapore Exchange Securities Trading (SGX-ST), with Allen & Overy and JunHe counselling the issue managers and bookrunners. Full Article |
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| Wendy Wysong, the managing partner of Steptoe & Johnson’s Hong Kong office, talks about what it was like to open the Hong Kong office during a pandemic, why it’s important for colleagues to provide support, encouragement, and collegiality, and how she wants clients to have the firm on speed-dial. Full Article |
| Baker McKenzie has elected Michael Wong as its new Asia-Pacific chair. Wong, the first Taiwanese lawyer to hold the role, succeeds Ai Ai Wong. Full Article |
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| UK firm Ashurst has hired derivatives expert Jonathan Chapman as a partner in Hong Kong from King & Wood Mallesons where he was a counsel. Full Article |
| Disputes specialist Anoj Menon has left Indian law firm AZB & Partners to rejoin Desai & Dewanji as a partner in Mumbai. Full Article |
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| Indian law firm S&R Associates has hired a team of five banking and finance specialists in Delhi from J Sagar Associates, including partners Divyanshu Pandey and Arpita Garg. Full Article |
| Conyers, Haiwen, Kirkland, Skadden, Zhong Lun on Lufax’ $2.36 bln IPO, CAM, JSA, Khaitan on Ingersol-Rand’s $1.9 bln merger with Gardner, and much more in this week Asia Deals roundup. Full Article |
| Indian law firm Phoenix Legal has hired a six-lawyer maritime disputes team from boutique Legasis Partners, including partner Gautam Bhatikar and counsel Zoeb Cutlerywala. Full Article |
| Ashurst nabs derivatives partner from KWM, Phoenix Legal lands maritime disputes team from Legasis Partners, and more in this week’s Asia Appointments roundup. Full Article |
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