Jenscare is a China-based medical device company dedicated to the development of interventional products for the treatment of structural heart diseases. The company has developed a series of treatment solutions targeting different types of structural heart diseases, including tricuspid valve diseases, aortic valve diseases, mitral valve diseases and heart failure. Jenscare listed on 10 October 2022.

“We congratulate Jenscare, one of the leading medical device manufacturers, on beginning its new chapter by listing on the Hong Kong Stock Exchange,” said Hong Kong partner Matt Emsley. “We are delighted to have worked with the company and the joint sponsors on this IPO and wish their continued success.”

Herbert Smith Freehills leads the legal market in advising sponsors and underwriters on Hong Kong IPOs, with 12 IPOs successfully listed on the Hong Kong Stock Exchange in the past 12 months.

“We have maintained a robust record of advising Chinese companies seeking listings despite volatile market conditions,” said Herbert Smith Freehills Kewei joint operation partner Stanley Xie. “With proven expertise in advising on high-profile capital markets transactions, we look forward to continuing our support to clients on their fundraising activities.”

Herbert Smith Freehills has advised on over a dozen of healthcare and biotech listings since the Hong Kong Stock Exchange introduced its new regime for biotech listings in 2018.

“Our China-dedicated capital markets team, located across offices in Hong Kong and Mainland China, collaborated closely to provide quality legal services to our clients,” said Hong Kong senior registered foreign lawyer Jin Kong. “Our team keeps abreast of market trends, ready to support clients from different sectors in their pursuit of capital.”

Partners Matt, Stanley and Jin jointly led the team advising the joint sponsors, assisted by Maisie Ko (senior associate), Crystal Chan (associate), Haiyun Chen (registered foreign lawyer), Reagan Li (associate) and Jessica Lu (legal assistant) in Hong Kong, and Agatha Shen (counsel), Sean Ji (associate), Ting Wang (associate) and Han Ye (legal assistant) from Kewei. Jaime Fong (senior associate), Gigi Lo (associate), Angela Yuen (associate) and Camille Chai (trainee solicitor) in Hong Kong also provided support on this deal.

Legal manager Marine Jin led Herbert Smith Freehills Kewei Joint Operation’s Alternative Legal Services business to provide high-efficiency solutions for verification and other document-intensive processes during the listing, assisted by Shawna Peng (senior legal analyst) and Chloe Hu (legal analyst).