Shenglong Intl’s Hong Kong GEM Listing 盛龍錦秀國際于香港聯合交易所創業板成功上市

Vivien Teu & Co LLP (Llinks Law Offices Hong Kong Associated Law Firm) represented SHENGLONG SPLENDECOR INTERNATIONAL LIMITED in its share offer and successful listing on the Growth Enterprise Market of the Hong Kong Stock Exchange on 17 July 2017.  Messis acted as the sole sponsor.  Gransing Securities and Astrum also acted as joint bookrunners and joint lead managers in the share offer.

Shenglong Intl was established in 1993 in Hangzhou PRC and it principally engages in the manufacturing and sales of decorative printing materials products, such as, decorative paper, melamine impregnated paper, finish foil paper, PVC furniture film and PVC flooring film. Shenglong Intl’s decorative printing materials products were sold to over 30 countries.

張慧雯律師事務所有限責任合夥 (通力律師事務所香港聯營所) 代表盛龍錦秀國際有限公司 (SHENGLONG SPLENDECOR INTERNATIONAL LIMITED) 完成其於2017年7月17日香港聯合交易所創業板上市及股份發售。 大有融資作為獨家保薦人, 鼎成證券及Astrum作為此交易的聯席帳簿管理人及聯席牽頭經辦人完成本次股份發售及上市項目。



Welcoming Freda Lim, Counsel to our Wealth Management Practice

Vivien Teu & Co LLP is pleased to announce and welcome Freda Lim, who has joined as Counsel to our financial services group.  Freda will play a key role in the firm’s wealth management and trusts practice, and she shall also continue her focus in succession planning and probate matters for private clients.  Freda has most recently been Special Counsel with the Hong Kong office of UK firm Withers, and brings with her more than 10 years of dedicated private clients practice experience.

The addition of Freda Lim reflects growing client needs on specialist trust and succession planning matters, and is highly synergistic with our existing strength in investment funds and financial regulatory practice of our asset management group.   Freda will no doubt add to our depth and breadth in expertise to provide legal advice and support on financial services, investments and wealth planning matters.  We look forward to providing solid service and working alongside our clients and contacts who are wealth managers, trust service providers, private banks and family offices in this common space.

We would also like to take this opportunity to share our observations on the growth of family offices in Asia as an increasingly important constituent in private wealth management.

With increasing wealth levels in Asia, more family offices are in recent years set up in the region.  This has already been a global trend – in a recent front-page article of The Wall Street Journal, family office was referred to as the new force on Wall Street (“New Force on Wall Street: The ”Family Office”, 9 March 2017).

We examine the key elements of the functions and services for family offices, and outline some key legal aspects as well as relevant regulatory considerations for establishing family offices or structures, or when family office professionals offer related services, in this special publication:

Private Wealth Management & Family Offices

“New regulation redefining HNW investors to hit private banks…”

Vivien Teu & Co spoke to Asian Private Banker on the new regulatory development effective 25 March 2016, which impacts sale and distribution of financial products to professional investors who are high-net-worth individuals or their corporate or trust vehicles.   (See our client update which details the regulatory change.)

We were quoted as follows:

  • Private banks in Hong Kong face stricter and tighter due diligence requirements as the city’s Securities and Futures Commission (SFC) introduces a new regime, on how licensed and registered persons deal with professional investors.
  • The changes will affect intermediaries with reared to high net worths individuals, also small-and-medium enterprises with investible portfolio or assets of US$8 million and US$40 million respectively.
  • Previously professional investors that are not institutional investors, such as high net worths individuals,s trust corporations and corporate professional investors could be exempted from suitability processes, but now will have to undergo the same question-and-answer procedures as any other retail customer for assessing investment experience and situation to gauge suitability.
  • The new requirements will impact the distribution of products at private banks, with the exception of sophisticated high-net-worth clients who invest under a corporate structure and satisfy an assessment of investment knowledge, experience of the investment decision market and decision-making process, which may include family offices.



管理公司 認可基金名稱
中銀基金管理有限公司 中銀收益混合型證券投資基金


交銀施羅德基金管理有限公司 交銀施羅德穩健配置混合型證券投資基金


招商基金管理有限公司 招商行業領先混合型證券投資基金
南方基金管理有限公司 南方優選價值混合型證券投資基金
匯添富基金管理股份有限公司 匯添富醫藥保健混合型證券投資基金



華安基金管理有限公司 華安MSCI中國A股指數增強型證券投資基金


通力律師事務所已于2015年4月在香港特別行政區成立分所。 通力香港分所為通力在中國內地以外設立的首個分所,為上海、北京後的第三個辦公地點。