Deacons

Did you know? A pilot program providing Hong Kong applicants with the opportunity to expedite their patent applications filed in China has been in place since 1 Jan 2023. The scheme allows Hong Kong permanent residents and entities legally registered in Hong Kong to request prioritized examination for their patent applications before the China National Intellectual Property Administration...

On 30 June 2023, The Stock Exchange of Hong Kong Limited (Exchange) published conclusions to its consultation launched last December on its proposals to expand the paperless listing regime and other Listing Rule amendments.  The Exchange will adopt all the proposals with a few minor modifications. One of the key proposals that will be adopted is to mandate electronic dissemination of listed issuers’ corporate communications to their securities holders to the extent permitted by their applicable laws and regulations. This client alert discusses this new requirement which will become effective on 31 December 2023...

Deacons’ Corporate Finance Practice Group advises the joint sponsors Haitong International Capital Limited and CITIC Securities (Hong Kong) Limited and underwriters in relation to the Main Board IPO of Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (SEHK Stock Code: 2582), seeking to raise up to HK$438 million.  The company is a leading hydrogen energy storage and transport equipment manufacturer in China, developing and manufacturing hydrogen energy core equipment used in the entire industrial value chain of hydrogen energy, which consists of its production, storage, transportation, refueling and use.The company published its IPO prospectus on 7 November 2024...

Deaconsadvises Maiyue Technology Limited on its Main Board IPO launched on 28 September 2023, seeking to raise up to HK$175 million (subject to the exercise of over-allotment option).Maiyue Technology is an integrated IT solutions services provider in the education and government IT solutions markets in Guangxi with an operating history of over 20 years. It has developed a comprehensive portfolio of product offerings involving application of advanced technologies such as big data analytics, internet-of-things (IoT), cloud computing and artificial intelligence (AI), to complement its integrated IT solutions services...