Appleby is pleased to announce that it has acted as British Virgin Islands (BVI) legal counsel to Wuxing Industry Investment Husheng Company Limited in connection with the issuance and listing of USD 148 million 6.50% guaranteed bonds due 2028, listed on Chongwa (Macao) Financial Asset Exchange (MOX) and guaranteed by Huzhou Wuxing Talent Industry Investment and Development Group Co., Ltd.
The bonds were issued on April 11, 2025, marking a milestone in Wuxing Industry Investment Husheng’s financial strategy. Vincent Chan, Partner at Appleby’s Hong Kong office, led the transaction.
Wuxing Industry Investment Husheng operates as a state-owned enterprise, overseen by Wuxing District SCSASC through Wuxing State-Owned Capital Investment Development. Its core business areas include infrastructure construction, land consolidation and development, resettlement housing, metallic materials trading, and the development of industrial parks, factories, and office spaces.
Appleby continues to provide strategic legal counsel for complex financing transactions, assisting clients in navigating capital markets with precision and expertise.