We advised the joint lead managers on the offering

Davis Polk advised the joint lead managers in connection with the offering of $500 million of 4.375% guaranteed notes due 2028, $460 million of floating-rate notes due 2030 and RMB2.0 billion of 2.60% guaranteed notes due 2030 issued under the $7.4 billion guaranteed medium-term note programme by China Cinda (2020) I Management Limited, which is a wholly owned subsidiary of China Cinda (HK) Holdings Company Limited, unconditionally and irrevocably guaranteed by China HK.

Cinda HK is the sole strategic offshore investing and financing platform of Cinda Group (China Cinda Asset Management Co., Ltd. and its subsidiaries). It operates in the fields of banking, investment and financial businesses through its subsidiaries and affiliates including Nanyang Commercial Bank, Limited, China Cinda (HK) Asset Management Co., Limited and other financial institutions licensed for multiple lines of regulated financial activities.

The Davis Polk corporate team included partner James C. Lin, counsel Bingqing Pan and registered foreign lawyer Anlei Zuo. All members of the Davis Polk team are based in the Hong Kong office.

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