Tag: IPO

Six law firms acted on Keep’s HKD313 million (USD40 million) IPO, marking the Chinese online fitness platform’s success

Five law firms advised on a secondary offering of American depository shares (ADS) of hotel chain Atour Lifestyle Holdings worth USD98 million

The first compulsory delisting of stocks due to fraudulent IPOs and disclosure violations on the Star Market in Shanghai raises questions on the intermediaries’ role as capital markets gatekeepers

China’s Zhong Lun Law Firm and Carey Olsen advised Chinese chip design company Smarter Micro’s IPO on the Shanghai Stock Exchange STAR Market on 16 May, raising RMB1.5 billion (USD22.16 million)

Cooley has revamped its Asian leadership, appointing its first partners in charge of the Hong Kong and Beijing offices, and resolving the succession of Christina Zhang, head of the Shanghai branch for more than a decade

With rapidly escalating ESG awareness and evolving policies, China is embracing a robust wave of green investment

King & Wood Mallesons (KWM) and Haiwen & Partners acted on Nexchip Semiconductor Corporation’s USD1.44 billion IPO on the Star Market, the largest A-sh are listing to date this year

Luzhu Biotechnology debuted on the HKEX through chapter 18A, the first biotech company without any revenue or profits to be listed this year, raising USD43.45 million

The debut of 10 companies on the main boards on the SSE and SZSE kicked off a registration-based IPO system in China on 10 April

With the advantages brought by the Third Circuit Court waning, Jiangsu law firms are seeking new avenues to maintain a market position in line with the province’s economic dominance

Notable IPOs, De-SPAC, bond issuance, joint venture, license agreement, and loans in March and their legal advisors

As part of our annual exploration of billing rates, we decided to begin analysing specific sectors for an insight into how fee practices vary

Tian Yuan Law Firm’s Shanghai-based managing partner Xu Ping has moved to Han Kun Law Offices to strengthen the latter’s capital markets capability

Trilegal advised on the initial public offering (IPO) of Sula Vineyards, India’s largest wine producer, which debuted on India’s stock market on 22 December 2022

Steven Hsu, a former corporate partner at Sidley Austin, has joined Paul Hastings as a Hong Kong-based partner to expand its capital markets practice

3D Medicines, an oncology medical research and development company, tapped Han Kun Law Firm’s intellectual property services during preparations for its HKD430 million Hong Kong IPO, to protect multiple patented drugs

The Securities and Exchange Board of India (SEBI) has introduced pre-filing or confidential filing or the draft red herring prospectus (DRHP) by companies planning to go public

Gaush Meditech, the fourth largest ophthalmic medical device company in China, raised HKD672 million (USD86.34 million) in its Hong Kong listing, offering a total of 13.06 million shares at HKD51.4 per share

Trilegal has advised Keystone Realtors, promoters of Mumbai-based real estate business Rustomjee, on its INR6.3 billion (USD76.3 million) IPO

The SEBI in its board meeting on 30 September announced a number of modifications to various laws, which included stricter disclosure rules for initial public offerings (IPOs)

Leading nickel producer and trader Lygend Resources & Technology sold its shares at HKD15.8 apiece to raise HKD3.67 billion (USD470 million) in a Hong Kong IPO

Trilegal advised Harsha Engineers International on the company’s INR7.55 billion (USD92.86 million) IPO of INR4.55 billion worth of new shares and shareholders selling INR3 billion in stock

Hand tools manufacturer GreatStar Industrial began selling its global depository receipts (GDR) on the SIX Swiss Exchange after raising USD155 million on its IPO

Linklaters, Shu Jin Law Firm, Niederer Kraft Frey, Jingtian & Gongcheng and Freshfields assisted parties in lithium battery maker Sunwoda Electronic, raising USD440 million on its global depository receipts (GDR) listing in Switzerland

China’s biggest privately owned vaccine group AIM Vaccine enlisted legal advice from Sullivan & Cromwell (S&C) and Jingtian & Gongcheng for its debut on the HKEX

Bharucha & Partners, DSK Legal and Duane Morris & Selvam advised parties involved in the IPO of India’s largest airport services aggregator platform DreamFolks

Davis Polk, Han Kun Law Offices and Maples Group advised NYSE-listed Tencent Music Entertainment Group’s debut on the HKEX in a secondary listing by introduction

China Tourism Group Duty Free (CTG Duty Free), the world’s largest travel retailer, has raised HKD16.24 billion (USD2.07 billion) from its IPO on the HKEX on 25 August

A Tencent-backed Chinese drama series company, Linmon Media, has raised HKD420 million (USD53.5 million) from its IPO on the HKEX

Tech companies must beware of unwanted side effects from these co-operation agreements – ones that may even plague any eventual IPO

Under the current system, the time-honoured main boards are highly recognised by the market and public investors, inclusive with corporate positioning and mature in terms of rules and standards

Chinese property platform KE overcame significant hurdles to complete a dual-primary listing via introduction on the HKEX with weighted voting rights (WVR) in the first such so-called “homecoming” debut in Hong Kong

Jia Yuan Law Offices advised AVIC Chengdu UAS on an RMB4.37 billion (USD649 million) IPO on the Star Market of the SSE, surpassing the initial target of RMB1.64 billion

China’s largest consumer genetic testing platform Mega Genomics raised HKD215.3 million (USD27.6 million) from its IPO on the HKEX

China’s third largest online logistics platform has debuted on the Hong Kong bourse – a move that summoned the strike of the gong back to the trading floor

NaaS Technology has been listed on Nasdaq through a merger with US company RISE Education Cayman in a deal that makes NaaS the third China concepts stock to go public in the US this year and the first IPO for an electric-vehicle charging-services provider

Tao Fuwu, Chief Legal Officer of Coudwalk Group, one of the “four AI dragons in china”, shares his views on current legal and compliance requirements on AI ethics

Gujarat-based Venus Pipes & Tubes was advised by L&L Partners in an IPO that received a huge response from retail investors

Microsoft Corp invested USD200 million in the business-to-business e-commerce unicorn Udaan for its debt financing round through convertible notes

The Securities and Exchange Board of India (SEBI) has proposed to offer companies floating shares to confidentially “pre-file” the offer document with them

After months of intensive surveys, we reveal the winners of our In-house Counsel Awards 2021-22

Life Insurance Corporation (LIC) has debuted on Indian stock exchanges following the country’s largest IPO to date, raising INR205 billion (USD2.7 billion) for the government of India

Easing of regulations on offshore listing brings hope for an end to a long-running Sino-US dispute

Law firm views on IP and data protection in a tech-centric era

A consultation document released by China’s securities watchdog potentially removes a key hurdle for US regulators to gain full access to the auditing reports of Chinese companies listed in New York

After experiencing its first economic contraction in two decades, Indonesia’s strong rebound was interrupted by the spreading delta variant of covid-19 in 2021

Global M&A activity has climbed sharply since last year, creating opportunities in emerging markets like India and the Philippines, which have relaxed and liberalised their investment policies

AllBright Law Offices advised on the first listing by an overseas company in Taiwan for more than a year and was the only mainland Chinese law firm working on the deal

ByteDance, the parent company of Douyin and TikTok, has hired Julie Gao, a senior partner of Skadden, as its chief financial officer

The markets regulator has begun a process to move away from the broad concept of promoter to controlling shareholders in order to better identify who’s in charge. Shivanand Pandit reports