Naibu Global International Company, the owner of the 10th-largest local sportswear brand in China, completed its £68 million (US$109 million) listing on the AIM Market on 5 April.
Naibu is the first Chinese sportswear brand to secure a London listing. Naibu Global International was incorporated in Jersey as a holding company for the Naibu Group.
Ogier advised Naibu concerning Jersey law in the listing process for the AIM, a sub-market of the London Stock Exchange that allows smaller companies to float shares. Its team was led by Nathan Powell, a partner in the Hong Kong office, with the senior associate Richard Daggett and associate Alan Stirling.