DeHeng's Hong Kong Associated Firm advised Huzhou Wuxing Industrial Investment Development Group Co., Ltd. (湖州吴兴产业投资发展集团有限公司) on its issuance of CNY770 million Shanghai Free-Trade Zone listed bonds

2023-01-12

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised Huzhou Wuxing Industrial Investment Development Group Co., Ltd. (湖州吴兴产业投资发展集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY770,000,000 5.4% bonds due 2026 in Shanghai Free-Trade Zone and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”).

Since its establishment in 2013, the Group serves as the core operating entity responsible for infrastructure construction, land consolidation and development, as well as sale of resettlement housing in Huzhou City. The Group serves the dual purposes of supporting social and economic development of Huzhou City and achieving business growth. The Group has leveraged on the robust economic growth of Huzhou City and the favourable local as well as national strategies, to develop and expand its business. 

Listing of the bonds on the MOX commenced on 12 January 2023 (Stock code: MOXLB2304).

The partner of Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, Lily Liang, led the team including Jason Wong, Vanessa Lai, Darryl Ting, Christina Yip, Connie Ip, Catherine Kwok, Dexter Yeung, Lilian Kwong, Fairy Wang, Evelyn Fan, Jeff Wang, Andy Kwok, Neil Wang, Sherry Zhang and Liz Tang.