ENG

  • Jaycen X. LIAO

    Equity Partner / Hong Kong

  • Tel +852-2298-7108

    Email jaycenliao@zhonglun.com

  • Practices

    Hong Kong & Overseas Capital Markets, Cross-border Investment/M&A, Private Equity & Investment Funds

  • Industries

    Healthcare, Telecommunications & Internet, Information & Intelligence Technology

CV

Jaycen X. LIAO

Jaycen X. Liao is a senior partner of the capital market department of Zhong Lun. He has been admitted to practice in the Chinese mainland, Hong Kong, China and England & Wales and it has been nearly 20 years since he began practising. His practice focuses on capital markets matters such as IPOs, bond offerings, take-overs, privatization and listed companies’ general compliance. Jaycen also advises clients on cross-border M&As and private equity investments.

Jaycen X. Liao has represented many issuers and sponsors of various types in securities offering and other corporate finance transactions, including Cloudy Factory (stock code:2512), Mobvoi Inc. (stock code:2438), Xuanwu Cloud (stock code:2392), ZYBank (stock code: 1216), Intellicentrics (stock code: 6819), CSMall (stock code: 1815), NC Healthcare (stock code: 1518), BAIC Motor (stock code: 1958), RSUN PPT (stock code: 1996), CTIHK (stock code: 6055), Mulsanne Group (stock code: 1817), OUC Holdings (stock code: 8067) and some other Hong Kong IPO projects. Meanwhile, he has also provided various types of legal services for large state-owned enterprises or leading private enterprises, including China Mobile, Guangzhou Metro Group, Hainan Financial Holdings Group, Mengniu Group, Yashili Group, Lenovo Group, China Resources Group, Jiangxiaobai, Datang Environment, Capinfo, Alphamab Oncology, China Overseas, China Taiping, Suning Appliance, Beijing Capital Land, Bank of Chongqing and ENN Energy, etc.

Prior to joining Zhong Lun, Jaycen X. Liao had years practising experience in several top-tier international law firms.

Representative Matters

Securities Offering and other Corporate Finance

Highlights of Jaycen's securities offering and other corporate finance transactions include:

  • Advised Cloud Factory Technology Holdings Limited (stock code: 2512), an internet data centre solution services company adopting non-self-built data centre model, on its US$68 million Hong Kong IPO sponsored by SPDB International Capital Limited. The client base of Cloud Factory includes top-notch Internet companies, cloud computing service providers, and blue-chip listed companies in the PRC.

  • Advised Mobvoi Inc. (stock code: 2438), a generative AI and voice interaction technology company, on its US$35 million Hong Kong IPO jointly sponsored by China International Capital Corporation Hong Kong Securities Limited (CICC) and CMB International Capital Limited (CMBI), which was the first AI-generated content (AIGC) company listed on the Hong Kong Stock Exchange.

  • Advised a leading children and women's hospitals group in relation to its proposed IPO on the Main Board of the Hong Kong Stock Exchange

  • Advised the joint sponsors in relation to the IPO of a biotech company under LR18A, on the Main Board of the Hong Kong Stock Exchange

  • Advised the joint sponsors in relation to the IPO of a leading PRC asset management group, on the Main Board of the Hong Kong Stock Exchange

  • Advised the sole sponsor in relation to the IPO of a leading private vocational training and education group, on the Main Board of the Hong Kong Stock Exchange

  • Advised Suning Appliance, a leading PRC home appliance retailer, in relation to its US$300 million bond offering and the subsequent offerings

  • Advised the joint sponsors in relation to the HK$805.7 million IPO of Mulsanne Group Holding Limited, a leading fashion menswear company, on the Main Board of the Hong Kong Stock Exchange

  • Advised IntelliCentrics Global Holdings Ltd. in relation to its HK$357.3 million IPO on the Main Board of the Hong Kong Stock Exchange

  • Advised a leading PRC private equity fund manager in relation to its proposed IPO on the Main Board of the Hong Kong Stock Exchange

  • Advised the sole sponsor in relation to the proposed IPO of a leading private aesthetic medical institution group, on the Main Board of the Hong Kong Stock Exchange

  • Advised New Century Healthcare Holding Co. Limited, a leading private hospitals group, in relation to its HK$788.7 million IPO on the Main Board of the Hong Kong Stock Exchange

  • Advised a leading energy group in relation to its proposed IPO on the Main Board of the Hong Kong Stock Exchange

  • Advised China Taiping Insurance Holdings Company Limited in relation to its HK$13.5 billion top-up placing

  • Advised Beijing Capital Land Limited, in relation to its very substantial acquisition of a property portfolio and deemed new listing

  • Advised the joint sponsors in relation to the HK$12.1 billion IPO of BAIC Motor Corporation Ltd, a renowned state-owned automotive manufacturer, on the Main Board of the Hong Kong Stock Exchange

  • Advised the sole sponsor in relation to the IPO of Oriental University City Holdings (H.K.) Limited, an education facilities operator, on the Growth Enterprise Board of the Hong Kong Stock Exchange

  • Advised the sole sponsor in relation to the proposed IPO of a leading Chinese department stores operator, on the Main Board of the Hong Kong Stock Exchange

  • Advised China Mobile Limited in relation to its general compliance matters from a Hong Kong Listing Rules perspective

  • Advised IntelliCentrics Global Holdings Ltd. in relation to its general compliance matters from a Hong Kong Listing Rules perspective

  • Advised New Century Healthcare Holding Co. Limited in relation to its general compliance matters from a Hong Kong Listing Rules perspective

  • Advised the joint sponsors in relation to the IPO of Green REIT plc and its admission to trading on both the Irish Stock Exchange and London Stock Exchange

  • Advised Summit Germany Limited, a German real estate fund, in relation to its AIM IPO

  • Advised Mercom Oil Sands Plc, a developer in oil sand properties in Canada, on its AIM IPO

  • Advised Good Energy Group plc in relation to its placing and open offer

  • Advised J.P. Morgan Cazenove in relation to the proposed placing by one of the UK REITs

  • Advised Crest Nicholson Holdings plc, one of the leading UK house builders, on its £553 million IPO and listing on the Premium Segment of the London Stock Exchange

  • Advised Subex Limited, an India-based IT service provider, in relation to its US$280 million convertible unsecured exchange bond offer


Mergers & Acquisitions

Highlights of Jaycen's M&A transactions include:

  • Advised ENN Energy Holdings Limited, a Hong Kong listed energy group, in relation to its HK$3.1 billion acquisition of a pan-energy company in the PRC

  • Advised New Century Healthcare Holding Co. Limited, a Hong Kong listed hospitals group, in relation to its acquisition of a hospital in the PRC

  • Advised New Century Healthcare Holding Co. Limited, a Hong Kong listed hospitals group, in relation to its VIE acquisition

  • Advised C.banner International Holdings Ltd., a Hong Kong listed women’s footwear retailer, in relation to its HK$619 million acquisition of an education group

  • Advised China Overseas Land and Investment Limited, a Hong Kong listed large state-owned property developer, in relation to its HK$37 billion major acquisition of property portfolios

  • Advised a renowned Hong Kong listed insurance company in relation to its proposed HK$70 billion acquisition of the entire issued share capital of a Hong Kong bank

  • Advised Jilin Province Communication Investment Group in relation to its RMB1.5 billion acquisition of the majority shareholding in Global Bio-chem Technology, a Hong Kong listed company

  • Advised Hang Seng Bank Limited in relation to its disposal of shareholdings in Industrial Bank Co., Ltd, a Chinese bank listed on the Shanghai Stock Exchange

  • Advised a renowned Hong Kong insurance company in relation to its provision of a warranty and indemnity policy in respect of a cross-border acquisition

  • Advised COFCO Land Holdings Limited, a Hong Kong listed large state-owned property developer, in relation to its very substantial acquisition of property portfolios

  • Advised a Danish holding company and an investment fund in relation to their sale of the entire share capital of a Danish company which operates dairy, convenience food & beverage business in West Africa (including Ghana, Nigeria, Togo, Benin Faso, Burkina and Côte d’Ivoire) through its local subsidiaries

  • Advised a Hong Kong listed state-owned-enterprise in relation to its proposed acquisition of a UK regulated water company Sutton and East Surrey Water plc

  • Advised HaoHua Energy International Limited, a major Chinese coal company’s investment arm, in relation to its US$100 million investment in Coal of Africa Limited (listed on ASX, AIM and JSE), particularly on depository interests matters in connection with the placing

  • Advised an American hedge fund in relation to its proposed disposal of its stake in a major Kazakh potash deposit

Memberships & Affiliations

Arbitrator, Shenzhen Court of International Arbitration (SCIA)

Related

  • Bar Admissions/Professional Qualifications

    Hong Kong Bar
    England and Wales Bar
    PRC Bar

  • Education

    LPC, BPP Law School
    GDL, The University of Law
    LL.M., King’s College London
    LL.B., Guangdong University of Foreign Studies

  • Languages

    Chinese
    English