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News Mar 22, 2016

Shearman & Sterling Advises on ChinaSoft International's Convertible Notes Issuance to Huarong International Asset Management Growth Fund

Shearman & Sterling advised Hong Kong-listed ChinaSoft International Limited (ChinaSoft) on its issuance of convertible notes due 2019 to the subscriber Huarong International Asset Management Growth Fund L.P. (Huarong), a limited partnership established in the Cayman Islands by Huarong International Asset Management Great China Investment Fund Limited (Huarong Asset Management).

ChinaSoft is a leading provider of comprehensive software and information services in China, with more than 29,000 employees across the world.  

Huarong Asset Management is an indirect wholly owned subsidiary of the Hong Kong-listed Huarong International Financial Holdings Limited, a financial conglomerate providing brokerage services on securities, investment banking, futures and asset management.

The Shearman & Sterling team was led by partner Stephanie Tang (Hong Kong-Mergers & Acquisitions), with support from counsel Vanessa Poon (Hong Kong-Capital Markets) and associates Kuinan Wei (Beijing- Mergers & Acquisitions), Richard Ou (Hong Kong- Mergers & Acquisitions) and Geoffrey Chan (Hong Kong-Capital Markets).