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The Hongkong and Shanghai Banking Corporation Limited ( traditional Chinese : 香香香香香香香香香香香香 ), based in Hong Kong , is a wholly owned subsidiary and the founding member of the HSBC Group, which is traded on several stock exchanges as HSBC Holdings plc. The business ranges from the traditional High Street roles of personal finance and commercial banking, to corporate and investment banking , and private banking . It is the largest bank in Hong Kong and has offices in Asia Pacific region. HSBC is one of the oldest banking

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Page 1: Reed Smith Richard Burton

The Hongkong and Shanghai Banking Corporation Limited (traditional Chinese: 香港上海滙豐銀行有限公司 ), based in Hong Kong, is a wholly owned subsidiary and the founding member of the HSBC Group, which is traded on several stock exchanges as HSBC Holdings plc. The business ranges from the traditional High Street roles of personal finance and commercial banking, to corporate and investment banking, and private banking. It is the largest bank in Hong Kong and has offices in Asia Pacific region.HSBC is one of the oldest banking groups in the modern world. The bank is known locally in the expatriate community simply as The Bank or as "Hongkong Bank

Page 4: Reed Smith Richard Burton

Richards Butler in association with Reed Smith LLP (Hong Kong)

Address• 20th Floor Alexandra House

16-20 Chater Road CentralHong Kong Country

• Hong Kong Phone• 852 2810 8008 Fax• 852 2810 0664 Website• www.reedsmith.com

Page 5: Reed Smith Richard Burton

Reed Smith founded in 1877.

• Offices in Pittsburgh, Philadelphia, Pennsylvania; Falls Church, Leesburg, and Richmond, Virginia; Wilmington, Delaware; Washington, District Of Columbia; Chicago, Illinois; San Francisco, Oakland, Los Angeles, Century City, and SIlicon Valley, California; Princeton, New Jersey; New York, New York; London, United Kingdom; Munich, Germany; Paris, France, Abu Dhabi and Dubai, United Arab Emirates; Piraeus, Greece; and Hong Kong and Beijing, China.

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The firm focuses on areas including antitrust and competition litigation, bankruptcy and restructuring, executive and workers compensation, intellectual property, taxation, mergers and acquisition, fraud, immigration, private equity, and product liability. Additionally, it offers advisory services for life science and real estate transactions, pro bono, securities compliance, insurance recovery, class action defense, and estate planning practice areas. The firm caters to financial service, life sciences, aviation, banking, health care, energy, technology, manufacturing, media and entertainment, advertising and marketing, and education sectors. Learn more at www.reedsmith.com. Please note: A Reed Smith Alumni Group on LinkedIn has been established for old friends to connect. less

Reed Smith LLP offers legal advisory services.

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Hopewell Holdings Limited (Chinese: 合和實業有限公司 ) SEHK: 0054,OTCBB: HOWWY, established on 17 October, 197], is a Hong Kong-listed infrastructure and property firm headed by Sir Gordon Wu.It was listed on the Stock Exchange of Hong Kong in 1972.The principal activity of Hopewell Holding is investment holding and its subsidiaries are active in the field of investment in infrastructure projects, property letting, property agency and management, hotel operations and management, restaurant operation and food catering, construction and project management.

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It is one of the first foreign companies to invest in infrastructure projects in the China and a pioneer of infrastructure developments across Asia, including the failed Bangkok Elevated Road and Train System (BERTS) project in Bangkok.It holds 75 percent of Hopewell Highway Infrastructure Ltd, which is spun off by Hopewell Holdings and listed on the Hong Kong stock exchange in early August, 2003. As one of the founders of Hopewell Holdings, Wu has been the managing director since 1972. He retired as the managing director of Hopewell Holdings but remains as the chairman of the board in January 2002.

Page 10: Reed Smith Richard Burton

Principal subsidiariesGoldhill Investments Limited

property investment Hopewell China Development (Superhighway) Limited

investment in superhighway project Hopewell Construction Company, Limited

construction, project management and investment holding HH Finance Limited

loan financing Hopewell Food

restaurant operation Hopewell Guangzhou-Zhuhai Superhighway Development Limited

investment in superhighway project Hopewell Housing Limited

property agents and investment holding Hopewell Huang Gang Development Limited

property investment

Page 11: Reed Smith Richard Burton

•Marine Midland Bank In 1980 The Hongkong and Shanghai Banking Corporation acquired a 51% shareholding in Marine Midland Bank, which it extended to full ... 3 KB (504 words) - 22:05, 22 July 2009Vincent Cheng Director of HSBC Holdings plc , he was also the first Chinese Chairman of The Hongkong and Shanghai Banking Corporation Limited from 2005 to 2010. ... 3 KB (501 words) - 16:28, 3 February 2010

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A list of the largest law firms in the UK by worldwide turnover in 2009 according to The Lawyer. Note that this list only includes firms with their headquarters in the UK

The top 200 UK law firms earned a total of £15.614 billion in 2009 of which £5.442 billion (or 34.8%) was earned by the five Magic Circle firms and £7.682 billion (49.2%) was earned by the 10 highest grossing firms. The top 100 firms earned £14.395 billion (92.9%).[1]

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AsiaRepresented underwriters Merrill Lynch, Credit Suisse, Deutsche Bank, China International Capital Corporation Ltd. and ICEA Capital Ltd. in connection with the $22 billion initial public offering and dual listing of Industrial & Commercial Bank of China (ICBC) on the Hong Kong Stock Exchange and Shanghai Stock Exchange.[19]

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•1990 - The present Shanghai Stock Exchange re-opened in November 26 and began operation on December 19. •2001-2005 - A four-year market slump which saw Shanghai's market value halved (after reaching a peak in 2001). A ban on new IPOs was put in April 2005 to curb the slump and allow more than US$200 billion of mostly state-owned equity to be converted to tradable shares. •2006 - The SSE resumed full operation as the yearlong ban on IPOs was lifted in May. The world's largest ever (US$21.9 billion) IPO by the Industrial and Commercial Bank of China (ICBC) was launched in both Shanghai and Hong Kong stock markets.[4] •2007 - A "stock market frenzy" as speculative traders rush into the market, making China's stock exchange temporarily the world's second largest in terms of turnover.[5] Fears of a market bubble and intervention by authorities caused large fluctuation not seen since the past decade.[6] [7] •2008 - After reaching an all-time high of 6,124.044 points on October 16, 2007,[8] the benchmark Shanghai Composite Index ended 2008 down a record 65%[9] due mainly to the impact of the global economic crisis which started in mid-2008.

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Structure

Qualified Foreign Institutional Investor• The securities listed at the SSE include the three main

categories of stocks, bonds, and funds. Bonds traded on SSE include treasury bonds (T-bond), corporate bonds, and convertible corporate bonds. SSE T-bond market is the most active of its kind in China.

• There are two types of stocks being issued in the Shanghai Stock Exchange:

• "A" shares and "B" shares. • A shares are priced in the local renminbi yuan currency,• B shares are quoted in U.S. dollars

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Shanghai Stock Exchange (SSE) (simplified Chinese: 上海证券交易所 ; traditional Chinese: 上海證券交易所 ; pinyin: Shànghǎi Zhèngquàn Jiāoyìsuǒ), abbreviated as 上证所 / 上證所 or 上交所 , is a stock exchange that is based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in the People's Republic of China, the other two are the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors [1] due to tight capital account controls exercised by the Chinese mainland authorities.[2]

The current exchange was re-established on November 26, 1990 and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory

Page 19: Reed Smith Richard Burton

There are two types of stocks being issued in the Shanghai Stock Exchange: "A" shares and "B" shares. A shares are priced in the local renminbi yuan currency, while B shares are quoted in U.S. dollars. Initially, trading in A shares are restricted to domestic investors only while B shares are available to both domestic (since 2001) and foreign investors. However, after reforms were implemented in December 2002, foreign investors are now allowed (with limitations) to trade in A shares under the Qualified Foreign Institutional Investor (QFII) program which was officially launched in 2003. Currently, a total of 79 foreign institutional investors have been approved to buy and sell A shares under the QFII program. Quotas under the QFII program are currently US$30 billion.[10] There has been a plan to eventually merge the two types of shares in the future.[11]

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Data updated on 18 February 2008

Stock listings Market value(billion yuan)

Annual turnover value(billion yuan)

A shares 850 26,849.7 30,196.0B shares 54 134.2 347.4Total 904 26,983.9 30,543.4

Data updated on 18 February 2008

Trading Summary for 2007

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Rank Name Revenue Office Reach Headquarters

1 ▬ Clifford Chance $2,660.5m International UK

2 ▬ Linklaters $2,588.5m International UK

3 ▲ Freshfields Bruckhaus Deringer

$2,358.5m International UK

4 ▲ Baker & McKenzie $2,188.0m International USA

5 ▼ Skadden, Arps, Slate, Meagher & Flom

$2,170.0m International USA

6 ▲ Allen & Overy $2,034.0m International UK

7 ▼ Latham & Watkins $2,005.5m International USA

8 ▬ Jones Day $1,441.0m International USA

9 ▬ Sidley Austin $1,386.0m International USA

10 ▬ White & Case $1,373.0m International USA

11 ▲ Kirkland & Ellis $1,310.0m International USA

12 ▲ Greenberg Traurig $1,200.0m International USA

13 ▼ Mayer Brown $1,183.0m International USA

14 ▼ Weil, Gotshal & Manges

$1,175.0m International USA

15 ▼ DLA Piper USA[2] $1,134.5m International USA

16 ▲ DLA Piper International[3] $1,074.0m International UK

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Shearman & Sterling LLP is a law firm headquartered in New York City with 20 offices located in major financial centers around the world founded in 1873. It is well known for both its litigation and transactional capabilities, especially in International Arbitration, Capital Markets, Finance, and Mergers & Acquisitions. As of 2006, it was the 17th largest law firm in the world as measured by 2006 annual revenue. Shearman & Sterling is considered a white shoe firm, the equivalent of Magic Circle in the UK. Counseled Merrill Lynch in its sale to Bank of America for $50 billion.[11]

In East Asia, Shearman & Sterling was one of the first firms to grasp the future strategic importance of the Asia-Pacific region, establishing offices in Hong Kong in 1978, followed by Beijing, Singapore and Shanghai. Shanghai (2007) Hong Kong (1978) San Francisco (1978) Washington, D.C. (1987) New York (1873) London (1963)

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Wall Street originsShearman & Sterling was founded in 1873 by Thomas Shearman and John William Sterling, who concentrated on litigation and transactional matters respectively. The young firm represented financier Jay Gould, industrialist Henry Ford and cultivated a number of important business ties that would evolve into long-standing client relationships, such as with the Rockefeller family and the predecessor banks to Citigroup and Deutsche Bank.[1]

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Represented the underwriters in the $8 billion IPO of Banco Santander's Brazilian subsidiary, the largest IPO of 2009.[12]

US, Italian and German law counsel to UniCredit in its €4 billion rights issue in January 2010.[15]