Banking Sector | Fangda Partners

DBS Bank on its acquisition of Shenzhen Rural Commercial Bank.
Ant Financial on its various internet-based financing services offered in China and globally.
Central Huijin Investment on its acquisition of the controlling stake in Hengfeng Bank by subscriptions of newly issued 60 billion ordinary shares.
UBS on its US$2 billion pre-IPO investment in the Postal Savings Bank of China.
Citibank, as consortium head, on the US$3.06 billion acquisition of a stake in Guangdong Development Bank.
Newbridge Capital, on its acquisition of the controlling stake in Shenzhen Development Bank, the first time a foreign investor had been permitted to obtain the controlling stake in a China-listed commercial bank.
UBS on its US$500 million strategic investment in the Bank of China and on the subsequent sale of its shares following the expiry of the lock-up period.
Fudeng Financial Holding Co. and Bank of China on their RMB1 billion joint acquisition of the equity interests of 15 rural banks held by China Development Bank.
Dah Sing Bank on its strategic investment in Chongqing Commercial Bank.
ANZ on the sale to DBS Bank of ANZ’s retail and wealth management businesses in China.
China Construction Bank on its acquisition of Banco WestLB do Brasil, a subsidiary of WestLB in Brazil.
J.P. Morgan and Citibank on the conversion of commercial banking branch in China into a wholly-owned subsidiary.