We advised China Zirconium Limited on Hong Kong law aspects on its initial public offering (“IPO”) in Canada by way of secondary listing on the main board of the Toronto Stock Exchanges, one of the most competitive stock exchanges in the world. China Zirconium Limited, a leading zirconium chemicals manufacturer and seller in the PRC, is a company listed on the main board of the Stock Exchange of Hong Kong. It is the first Hong Kong listed company to conduct fund raising exercise by way of IPO in Canada.