Tsz Chun (Stewart) Lai

Stewart’s experience includes advising:

• The initial purchasers on the offering of US$960 million in aggregate principal amount of 0.50% convertible senior notes due 2030 by Qifu Technology
• The underwriters on the HK$333 million initial public offering of Baiwang, a Chinese enterprise digitalization solutions provider, on The Stock Exchange of Hong Kong
• The initial purchasers on the issuance of US$1.5 billion convertible senior notes due 2029 by Trip.com
• The underwriters on the issuance of US$5 billion 0.50% convertible senior notes due 2031 by Alibaba. This transaction was named a Debt Capital Markets Deal of the Year by China Business Law Journal's Deals of the Year 2024, and awarded Structured Equity Issue of the Year at the IFR Asia Awards 2024 and Best Equity Deal: China-Offshore/ APAC at the FinanceAsia Achievement Awards 2024 where it was also recognized as a Highly Commended transaction in the Equity Deal: Hong Kong and Innovative Deals: China – Offshore categories
• The initial purchasers on the offering of US$575 million convertible senior notes due 2029 and US$575 million Convertible Senior Notes due 2030 by NIO, a pioneer in China’s premium smart electric vehicle market. This deal was awarded Debt & Equity-linked Deal of the Year at the IFLR Asia-Pacific Awards 2024, and named one of the Debt Capital Markets Deals of the Year by China Business Law Journal 2023
• The underwriters on the HK$11.3 billion initial public offering of Blue Moon Group Holdings Limited, a leading consumer-centric household care company in China, on The Stock Exchange of Hong Kong*
• The bookrunners on the US$323 million follow-on offering of 21Vianet Group Inc., a leading high performance carrier-neutral data center solution provider in China, on NASDAQ*
• Sisram Medical Ltd on its HK$620 million placing on The Stock Exchange of Hong Kong*
• Wharf Real Estate Investment Company Limited on its spin-off from Wharf Holdings Limited and separate listing on The Stock Exchange of Hong Kong by way of introduction*
• S.A.I. Leisure Group, a Saipan and Guan hospitality operator, on its HK$320 million initial public offering on The Stock Exchange of Hong Kong*
• China Power Clean Energy Development Company Limited on its delisting from The Stock Exchange of Hong Kong by way of scheme of arrangement with a transaction value of HK$4.8 billion*
• Hong Kong Aircraft Engineering Company Limited on its privatization by Swire Pacific Limited from The Stock Exchange of Hong Kong by way of scheme of arrangement with a transaction value of HK$3.0 billion*

*Matter handled prior to joining Latham