Harneys advises in relation to Alibaba IPO on NYSE

Harneys advised China Development Bank, shareholder of Alibaba Group Holdings Limited, on the sale of its equity investment in the historic US$25 billion IPO of Alibaba on the New York Stock Exchange.

Asia Managing Partner Jonathan Culshaw and Senior Associate Ellie Crespi of Harneys’ Hong Kong office advised on the matter.

Harneys was named a winner in the IFLR Asia Awards 2015 in connection with this deal.