Largest PRC Port IPO on the Hong Kong Stock Exchange

Morrison & Foerster China attorneys represented Dalian Port (PDA) Company Limited, the leading oil and container port in Northeastern China, in a US$320 million IPO (upon exercising the over-allotment) on the Main Board of the Hong Kong Stock Exchange. Shares on the Hong Kong Stock Exchange commenced trading today. 

It is the largest offering on the Hong Kong Stock Exchange this year to date.  The IPO included a Rule 144A/Reg S global offering.

The deal was headed by  partners Xiaohu Ma, Ven Tan and Paul Boltz.