On December 10, 2020, Leading Holdings Group Limited ("Leading Holdings"; Stock Code: 06999.HK) completed its IPO and listing on the Main Board of the Hong Kong Stock Exchange (HKEX), raising approximately HKD 1.3192 billion at HKD 5.69 per share.
Leading Holdings is a leading, Sichuan-based, real estate developer. In 2020, the China Real Estate Association ranked the company among the Best 100 of China Real Estate Developers based on its overall strength. Additionally, as per China Real Estate’s Top 10 Research Team, the company was ranked 4th, 2nd, and 2nd among the 2017, 2018, and 2019 Top 10 Brands of West China Real Estate Companies, respectively. After 20 years of development, the company has developed a nationwide network covering the Chengdu-Chongqing Economic Belt, Sichuan Province, Central China, the Beijing-Tianjin-Hebei region, and Guangdong-Hong Kong-Macao Greater Bay Area, with projects distributed in over 20 Chinese cities.
As the Chinese legal adviser to the issuer, Jingtian & Gongcheng's has provided one-stop, end-to-end legal services for the IPO and listing of Leading Holdings, including Chinese legal due diligence, third-party due diligence, and answering inquiries from regulators.
