作者：金杜律师事务所 King & Wood Mallesons
2016年9月28日，中国邮政储蓄银行股份有限公司（简称“邮储银行”）在金杜律师事务所团队协助下于今天在香港联交所成功完成H股上市。这是邮储银行首次公开募股，全球发售121亿股，每股H股售价4.76港元，集资规模达74亿美元（行使超额配售权之前）。作为中国领先的大型零售银行，拥有中国商业银行中最大的分销网络和客户基础，邮储银行此次在港上市不仅成为今年全球最大规模的IPO项目，也是2014年阿里巴巴赴美上市以来全球最大规模的新股，以及自2010年以来香港规模最大的IPO项目。
On 28 September 2016, Postal Savings Bank of China Co., Ltd. (PSBC) had its H shares successfully listed on the Hong Kong Stock Exchange, with King & Wood Mallesons (KWM) advising its underwriters. PSBC’s initial public offering comprised a total of 12.1 billion H shares issued globally, pricing at HK$4.76 per H share, which raised approximately US$7.4 billion (subject to the over-allotment option). As a leading retail bank with the largest distribution network and customer base in China, PSBC’s HK listing not only marks the world’s largest IPO this year, but also the world’s largest new listing since Alibaba’s US listing in 2014, and HK’s largest IPO since 2010.
邮储银行成立于2007年，是中国最年轻的大型商业银行。此次上市，邮储银行共引入了六家基石投资者，包括中国船舶重工集团、上海国际港务集团、海航集团、国家电网、中国诚通及长城环亚国际投资，合共认购约67.7亿股发售股份及15.47亿美元可购买的额外发售股份。保荐人包括中金香港、摩根士丹利、美银美林、高盛、摩根大通，独家财务顾问为瑞银。
Established in 2007, PSBC is the youngest large commercial bank in China. Six cornerstone investors were introduced in the listing, namely, China Shipbuilding Industry Corporation, Shanghai International Port Group, HNA Group, State Grid Corporation of China, China Chengtong and Great Wall Pan Asia International Investment. They jointly subscribed approximately 6.77 billion offer shares and additional offer shares of US$1.547 billion. The joint sponsors were China International Capital Corporation Hong Kong Securities Limited, Morgan Stanley Asia Limited, Merrill Lynch Far East Limited, Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities (Far East) Limited, while the sole financial advisor was UBS AG Hong Kong Branch.
金杜在本项目中担任承销商中国法律顾问，全程参与并协助邮储银行在港上市过程中的各项工作，就相关法律问题提供解决方案和意见。本项目的负责合伙人为周宁律师、柳思佳律师和苏峥律师。
KWM acted as PRC legal counsel for the underwriters in the transaction, providing legal solutions and advice on all aspects of PSBC’s HK listing. The project was led by partners Zhou Ning, Liu Sijia and Su Zheng.
