Norton Rose Fulbright advises HSBC on US$416 million H-shares placement of BAIC Motor Corporation

Global Business May 15, 2018

Global law firm Norton Rose Fulbright has advised Hong Kong and Shanghai Banking Corporation Limited as placing agent on the 420 million H-shares placement of BAIC Motor Corporation Limited.

Beijing-based BAIC Motor Corporation has raised net proceeds of US$416 million for the H-shares placement. BAIC Motor Corporation Limited is principally engaged in the manufacture and sales of passenger vehicles, engines and auto parts in China. It also established joint ventures with international brands including Mercedes-Benz and Hyundai Motor.

The Norton Rose Fulbright team of the deal was led head of Hong Kong Psyche Tai and assisted Hong Kong partner Doris Ng and associate Timothy Lam.

Norton Rose Fulbright has advised HSBC and other joint sponsors on the 2014 Hong Kong initial public offering of BAIC Motor, which raised US$1.5 billion. 

For further information please contact:

Jessica Seah, Marketing and Communications Manager, Asia. Norton Rose Fulbright
Tel: +852 3405 2327

Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africaand the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see