Global law firm Norton Rose Fulbright has advised sole sponsor CLSA Capital Markets Limited and a consortium of underwriters on the initial public offering of Neusoft Education.
Neusoft Education is a private IT higher education service provider located in China.
Terence Lau, corporate partner who led on the deal, commented:
“This successful initial public offering illustrates that the Hong Kong IPO market remains strong despite turbulent market conditions.”
The Hong Kong team also included senior associate Simon Wong and associate Betty Tam. US securities advice was provided by partner Harold Tin, consultant Allan Yee and associate Winnie Cheng.
Norton Rose Fulbright is active in the education IPO market and has previously advised on a number of successful listings for China education-related businesses on the Hong Kong Stock Exchange such as Edvantage Group, JH Education and Beststudy Education.