| Project |
Year |
Money |
Section |
Category |
| Cirrus Aircraft’s HKD1.5bn IPO on HKEX |
2024 |
HKD1.5 billion |
Equity capital markets |
H shares; aviation |
| Midea’s USD4.6bn Hong Kong IPO |
2024 |
HKD31 billion |
Equity capital markets |
HKEX; home appliances |
| CCCC’s Anjiang Expressway ABS |
2024 |
RMB5 billion |
ABS/REITS |
Securitisation; real estate |
| China Minmetals leads China salt lake initiative |
2024 |
N/A |
M&A |
Central SOE; salt lake industry |
| Mindray pays USD927m for APT Medical |
2024 |
RMB6.65 billion |
M&A |
Acquisition; medical device |
| CR Pharma’s USD873m mixed-ownership reforms |
2024 |
RMB6.2 billion |
PE/VC |
Financing; pharmaceuticals |
| UNISOC secures USD548m in equity financing |
2024 |
RMB4 billion |
PE/VC |
Financing; semiconductor |
| LeTV misrepresentation liability dispute |
2024 |
RMB240 million |
Domestic dispute resolution |
Misrepresentation; securities; internet |
| Shengtong Bond misrepresentation dispute |
2024 |
N/A |
Domestic dispute resolution |
Misrepresentation |
| DFM acquires auto arm’s 55% stake |
2023 |
RMB6.2 billion |
M&A |
Acquisition agreement; tender offer; automobiles |
| First interbank bond misrepresentation case |
2023 |
N/A |
Domestic Dispute Resolution |
Misrepresentation; interbank market |
| Air China's USD2.1bn private A-share placement |
2023 |
RMB15 billion |
Equity Capital Markets |
Private placement; aviation |
| Six design institutes spinoff and merger |
2023 |
RMB23.5 billion |
M&A |
Reverse takeover; construction |
| ZEMIC takes jet fighter public |
2023 |
RMB17.4 billion |
M&A |
Reverse takeover; national defence; aviation |
| Zhejiang Expressway’s follow-on offering |
2023 |
RMB6.1 billion |
Equity Capital Markets |
Share offering; infrastructure |
| Baimtec Material’s USD1 billion Star Market IPO |
2023 |
USD1 billion |
Equity Capital Markets |
Star Market; aviation |
| Qingdao Port major asset reorganisation |
2023 |
RMB15.4 billion |
M&A |
State asset reorganisation |
| Shaanxi Energy’s Shenzhen IPO |
2023 |
RMB7.2 billion |
Equity Capital Markets |
SZEX; energy |
| CALB’s USD1.3bn Hong Kong listing |
2022 |
USD1.3 billion |
Capital Markets |
Hong Kong listing; lithium battery |
| China Avionics merges with AVIC |
2022 |
N/A |
Domestic |
M&A; aviation |
| CTG Duty Free’s USD2bn Hong Kong IPO |
2022 |
USD2 billion |
Capital Markets |
Hong Kong listing; retail |
| CIMC Vehicles’ Shenzhen GEM listing |
2021 |
USD2 billion |
Capital Markets |
GEM listing; transport |
| Energy China merges with Gezhouba |
2021 |
N/A |
Domestic |
M&A |
| HT Aero’s series A financing |
2021 |
USD500 million |
Domestic |
Financing; new energy |
| Tianshan Cement’s USD15.4bn acquisition |
2021 |
USD15.4 billion |
Domestic |
M&A |
| Hefei Jianghang Aircraft’s A-share listing on Star |
2020 |
N/A |
Deals in China |
Star board |
| New Oriental’s HK secondary listing |
2020 |
USD1.31 billion |
Overseas Deals |
Hong Kong listing |
| CRSC’s A-share listing on Star board |
2019 |
RMB10.53 billion |
Deals in China |
SSE Star board listing |
| Haitong Unitrust’s spin-off and HK listing |
2019 |
HKD2.32 billion |
Overseas Deals |
Hong Kong IPO; securities |
| Junshi Biosciences’ Hong Kong listing |
2019 |
HKD2.94 billion |
Overseas Deals |
Hong Kong IPO; pharmaceutical |
| Koolearn’s Hong Kong listing |
2019 |
HKD1.56 billion |
Overseas Deals |
Hong Kong IPO; online education |
| China Oceanwide's acquisition of IDG |
2017 |
N/A |
Overseas Deals |
Overseas M&A; CFIUS approval |
| COSCO SHIPPING Ports invests in Qingdao Port International |
2017 |
RMB5.798 billion |
Deals in China |
Shipping; M&A |
| CRRC issues H-share convertible bonds |
2016 |
N/A |
Overseas Deals |
Convertible bonds; high-end manufacturing |
| CSIC's debt-for-equity swap |
2017 |
N/A |
Deals in China |
Capital market; Debt-for-equity swap |
| Ganfeng Lithium’s Hong Kong IPO |
2018 |
HKD3170 million |
Overseas Deals |
Hong Kong listing; Minerals |
| Kaisa Group'exchange offer and new issuance |
2017 |
N/A |
Overseas Deals |
Debt capital market; Real estate |
| Merger between CNBM and Sinoma |
2018 |
HKD75.1 billion |
Deals in China |
Merger |
| WKW Automotive and WKW Erbsloh Automotive'sdispute over non-compete agreements |
2016 |
RMB270 million |
Disputes & Investigations |
Dispute; labour; non-competition |
| Zhejiang Nanyang Technology's major asset reorganization |
2017 |
N/A |
Deals in China |
Restructuring; Capital markets |
| CITIC Group’s HK IPO |
2014 |
USD37 billion |
Overseas Deals |
Equity capital market |
| CSR and CNR’s merger |
2015 |
USD26 billion |
Deals in China |
M&A |
| GF Securities’ Hong Kong IPO |
2015 |
USD3.6 billion |
Equity capital market |
Equity capital market |
| Hafei’s listing of helicopter components business |
2013 |
USD712 million |
Deals in China |
Equity capital market |
| China United Cement acquires Daewoo Cement |
2012 |
USD290 million |
Overseas Deals |
M&A |
| China Nonferrous Mining lists in Hong Kong |
2012 |
USD247 million |
Overseas Deals |
equity |
| Inner Mongolia Yitai Coal lists in Hong Kong |
2012 |
USD902 million |
Overseas Deals |
equity |
| China Communications Construction lists in Shanghai |
2012 |
USD800 million |
Deals in China |
equity |
| People.cn lists A-shares in Shanghai |
2012 |
USD222 million |
Deals in China |
Capital market;equity |
