Sidley Represents Suxin Joyful Life Services Co., Ltd., in Successful Hong Kong IPO


Source: legaldesire.com legaldesire.com

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Sidley represented Suxin Joyful Life Services Co., Ltd. (HKEX: 2152) (Suxin Services), as Hong Kong counsel in its initial public offering (IPO) and H-share listing on the Main Board of The Stock Exchange of Hong Kong (HKEX). The offering has raised proceeds of approximately HK$230 million (US$29.5 million). BOCOM International (Asia) Limited acted as the sole sponsor in the transaction. Established in 1994, Suxin Services was named as one of the 2022 “Top 100 Property Management Companies in China” by CIA. It is a subsidiary of Suzhou Sugaoxin Group Co., Ltd., a leading city developer and operator headquartered in Suzhou,...