Latham & Watkins and Morrison & Foerster have taken leading roles on a high-profile Asian initial public offering (IPO) as a run of major deals hit the region.

The two firms are advising on the Hong Kong float of aluminium maker China Zhongwang. Latham Hong Kong partner David Zhang led representation of China Zhonwang in its international float of shares valued at around $1.2bn (£800m). Morrison & Foerster represented the lead underwriters on the deal, CITIC Securities, JP Morgan, Macquarie Capital Securities and UBS with a team including partners Ven Tan, Paul Boltz, and Xiaohu Ma. It is the largest IPO in the region so far this year.