HONG KONG, September 30, 2009 - Morrison & Foerster served as Hong Kong legal counsel to BofA Merrill Lynch and BOC International as joint bookrunners in the US$404 million initial public offering of China South City Holdings Limited ("China South City") in Hong Kong. China South City is a leading developer and operator of logistics and industrial trade centers in China. The company is currently engaged in the development and management of China South City Shenzhen located in Pinghu, Shenzhen, one of the largest manufacturing and export regions in China.

This listing is the second Hong Kong IPO the firm has completed in one week. The firm also advised the underwriters in Sinopharm's US$1.1 billion initial public offering, which made its trading debut in Hong Kong last Wednesday and is currently one of the largest IPOs of 2009.

"We are delighted to be involved with some of the largest and most successful Hong Kong listings so far this year," said Ven Tan, Morrison & Foerster's lead partner on the project. He notes the firm's involvement in China Zhongwang's US$1.2 billion global offering earlier this year. "These listings highlight the current revival of the local markets and we are very pleased to help our clients take advantage of these opportunities," adds Tan.