Tag: IPO
Wilson Sonsini hires capital markets partner in Hong Kong
Wilson Sonsini hires Jennifer Liu as a China partner at its Hong Kong office
Firms assist optical transceiver maker Ligent’s HKD5.67bn IPO
Leading optical transceiver maker Ligent Technologies lists on the HKEX main board on 22 September, raising HKD5.67 billion (USD723 million)
Jingtian & Gongcheng hires three King & Wood partners
Jingtian & Gongcheng hires Lai Jianglin and her team members Hu Yizhou and Guo Zhongyong as partners for its Guangzhou office
Loeb & Loeb opens Singapore office, expands footprint
Loeb & Loeb expands its global presence with the launch of a Singapore office
Zhong Lun, DeHeng assist Enflame’s RMB6.12bn Star Market IPO
Chinese AI chipmaker Enflame Technology debuts on the SSE Star Market on 11 September, raising around RMB6.12 billion
Kangda, AllBright act on Luoyang Bearing’s RMB2bn ChiNext IPO
Chinese bearing manufacturer Luoyang Bearing Group debuts on the SZSE ChiNext board on 9 September, raising around RMB1.97 billion (USD293.5 million).
Proving core product eligibility for chapter 18A listing
Chapter 18A is an enticing listing prospect for biotech firms in China, but they must first prove that their golden product is genuine and truly their own
Memory products maker Longsys in landmark HKD7.08bn IPO
Leading independent memory products maker Longsys Electronics debuts on the HKEX on 8 September, raising around HKD7.08 billion.
GF Law, DeHeng steer TEMB’s RMB1.88bn Shanghai debut
TEMB Intelligent Technology raises RMB1.88 billion from its listing on the SSE’s main board on 7 September.
Lawyers examine HKEX’s proposed chapter 18D listing rules
HKEX considers merging the Growth Enterprise Market (GEM) with the main board, introducing a new chapter 18D of the Listing Rules.
Metals recycler Ardee Industries raises INR4bn in IPO
Metals recycler Ardee Industries debuts in India, raising INR4 billion (USD42 million)
Shein’s HKD13.6bn HKEX debut is largest HK e-commerce IPO
Fast-fashion giant Shein’s HKEX listing on 1 September raises HKD13.6 billion in the largest cross-border e-commerce IPO in Hong Kong to date
Former senior partner joins Hozu Capital as co-founder, COO
Third-party funding institution Hozu Capital appoints Cindy Huang as co-founder and chief operating officer
Niche memory-chip leader Ingenic in HKD3.1bn Hong Kong debut
Chinese niche memory-chip leader Ingenic Semiconductor debuts on the HKEX on 25 August, raising around USD399 million
CAM, Khaitan, Latham guide Dhoot’s USD322m IPO in India
Cyril Amarchand Mangaldas, Khaitan & Co and Latham and Watkins assist on Dhoot Transmission’s INR30.6 billion (USD322 million) IPO in India.
DeHeng and JunZeJun steer Unitree’s USD906m Star Market debut
Unitree becomes the first humanoid robotics company tolist on the A-share market
Ingenia eyes USD42m IPO as first US company listing in Korea
Ingenia Therapeutics’ KRW60 billion (USD42.4 million) IPO to become first listing of a US-based company in Korea
Firms deliver Juniper Green Energy’s USD189m IPO in India
Independent renewable power producer Juniper Green Energy debuts at an 8.9% premium in India on 6 August 2026
Former Microsoft legal and strategic head joins HK’s Redotpay
Li Chen, former Microsoft strategic partnership head for Greater China, Asean, Japan and South Korea, joins RedotPay as general counsel
Hospital group Manipal Health debuts in USD973m India IPO
Firms counsel on Manipal Health Enterprises’ INR92.75 billion (USD973.1 million) IPO on the BSE and NSE
Sundial, Zhong Lun assist on JLC’s RMB4.69bn Shenzhen IPO
Electronic industry services provider JLC Technology lists on the SZSE main board on 4 August, raising around RMB4.69 billion (USD 695 million)
CAM, Hogan Lovells, S&R act on Lohia’s USD115m IPO
Firms counsel global textile machinery manufacturer Lohia Corp’s successful USD115 million IPO on the NSE and BSE on 30 July 2026
Zhongji Innolight listing is largest Hong Kong IPO since 2019
Zhongji Innolight’s HKD53.41 billion HKEX debut makes it the largest Hong Kong IPO since 2019
18A listings amid a more nuanced regulation
HKEX sharpens 18A review, prioritising verifiable product development chains
Autonomous driving tech firm TIER IV in landmark Japan IPO
Three firms advise on TIER IV’s JPY23.2 billion (USD141 million) global IPO and pioneering debut on the Tokyo Stock Exchange
CXMT’s RMB57.9bn debut is largest A-share IPO of 2026
CXMT debuts on the SSE Star Market on 27 July, the largest A-share IPO of 2026, raising RMB57.92 billion (USD8.6 billion)
Allens, HSF Kramer advise on Australia’s largest IPO in 2026
Allens and HSF Kramer assist on FDC’s landmark IPO, raising AUD400 million in the largest debut on the Australian Securities Exchange (ASX) this year to date
Latham, A&G, Clifford Chance act on Singapore healthcare IPO
Latham & Watkins, Allen & Gledhill and Clifford Chance guide parties in Foundation Healthcare’s SGD242 million (USD187 million) IPO in Singapore
Firms steer top wafer foundry Nexchip’s HKD6.98bn listing
Leading wafer foundry Nexchip Semiconductor lists on the HKEX main board on 10 July, raising around HKD6.98 billion (USD890 million)
Firms assist on Three-Circle’s HKD7.16bn debut in Hong Kong
Three-Circle Group debuts on the HKEX on 9 July, raising around HKD7.16 billion (USD913 million)
Firms advise on PCB drill-bit leader Dtech’s HKD4.8bn IPO
Printed-circuit board drill-bit manufacturer Dtech Technology raises HKD4.8 billion (USD612 million) in its HKEX debut on 9 July, three years after its SZSE listing
Korea’s SK Hynix makes historic USD26.5bn Nasdaq listing
South Korean semiconductor giant SK Hynix debuts on the Nasdaq via American depositary receipts, raising up to USD26.5 billion
Luxshare raises HKD24.27bn in Hong Kong’s largest IPO
Chinese leading manufacturing company Luxshare Precision raises about HKD24.27 billion (USD3.09 billion) in Hong Kong’s largest IPO to date this year
Firms steer autonomous driving company Momenta’s HKD5.89bn IPO
Chinese autonomous driving company Momenta debuts on the HKEX on 8 July, raising HKD5.89 billion (USD751 million)
EACON is world’s first listed autonomous mining vehicle company
China’s EACON Group becomes the world’s first listed autonomous mining vehicle company after its HKEX debut on 8 July, raising HKD3 billion
Kanga & Co sole counsel for OM Power’s INR1.5bn IPO
Kanga & Co advises Om Power Transmission on its successful IPO in India, raising around INR1.5 billion (USD15.73 million)
Firms advise on Anker Innovations’ HKD4.6bn HKEX debut
来自中国内地、香港、日本、阿联酋和美国共十家律所为此次上市提供法律服务
Sullivan & Cromwell hires capital markets partner in HK
Former Paul Hastings partner Steven Hsu joins Sullivan & Cromwell’s capital markets group in Hong Kong
Cooley, Dua advise Lingyi iTech on HKD8.26bn Hong Kong IPO
Cooley and Dua Associates have guided Apple supplier Lingyi iTech on its HKD8.26 billion (USD1.06 billion) initial public offering in Hong Kong
China Resources New Energy in RMB21.3bn record SZSE debut
King & Wood, Haiwen & Partners and Clifford Chance act on China Resources New Energy’s record breaking RMB21.3 billion IPO on the SZSE
Unwinding red-chip structures
This practical guide covers tax exposure, distinct exit paths for VIE and direct equity structures, and five regulatory red flags that determine IPO success.
China Commercial adds capital markets and Web3 partners
China Commercial Law Firm recruits Luo Shazhou and Ji Zhe as partners at its Shanghai office, bolstering the capital markets practice
HKEX consultation on listing framework competitiveness
New consultation paper proposes relaxed WVR voting caps, simplified financial requirements, and easier secondary listing rules to attract more quality issuers to Hong Kong
Malaysian firms steer AI chip designer’s IPO raising USD88m
Firms advise on Penang-headquartered artificial intelligence (AI) chip designer SkyeChip’s IPO on the Bursa Malaysia, raising MYR352 million (USD88 million)
Metis IPO is world’s first AI driven nano-delivery firm listing
Metis TechBio debuts on the HKEX on 13 May, raising HKD2.1 billion in the world’s first listing of an AI driven nano-delivery platform company
Firms act on medtech maker Cofoe Medical’s HKD1.06bn IPO
Cofoe Medical Technology lists on the HKEX main board becoming the first home medical equipment maker to achieve a dual listing
Commerce & Finance expands capital markets team in Hong Kong
Commerce & Finance appoints Jiang Shan as a partner in its debt capital markets practice in Hong Kong
Firms steer hybrid computing provider Xizhi Tech’s HKD2.5bn IPO
Optical-electronic hybrid computing provider Xizhi Technology lists on the HKEX on 28 April, raising HKD2.53 billion (USD323 million)
Firms steer smart device maker Huaqin Tech’s HKD4.55bn IPO
Huaqin Technology, a smart device platform company, debuts today on the main board of the HKEX, raising HKD4.55 billion
Firms steer shipping operator MTT’s USD164m IPO in Malaysia
Firms advise on MTT Shipping and Logistics’ IPO on the Bursa Malaysia, raising MYR652 million (USD164 million)
Firms steer Victory Giant Technology’s HKD20bn IPO
JunHe, Cleary Gottlieb, Robin Lynn & Lee, CHP Law, DFDL, Freshfields and Jingtian & Gongcheng advise on Victory Giant Technology’s HKD20 billion IPO
AllBright and Haiwen act on SJ Semiconductor’s RMB5bn IPO
Chip packaging and testing company SJ Semiconductor debuted today on the SSE Star Market, raising more than USD733 million and becoming the largest A-share IPO so far in 2026
JSA acts on Tamil Nadu electronics retailer Sathya’s IPO bid
JSA is the sole adviser to consumer electronics retailer Sathya Agencies’ proposed INR6 billion (USD64 million) IPO
Christopher & Lee Ong advises on Malaysian sushi chain’s IPO
Malaysian law firm Christopher & Lee Ong has advised on Empire Premium Food’s listing on the Bursa Malaysia
First ‘Six Little Dragons of Hangzhou’ goes public in HK
Manycore Tech is the first of the so-called “Six Little Dragons of Hangzhou” to go public and the world’s first listed spatial intelligence company after debuting on the HKEX on 17 April
Firms advise DapuStor on first ChiNext pre-profit listing
SSD supplier DapuStor debuted on the SZSE on 16 April, becoming the first pre-profit company to list on the ChiNext board. King & Wood and AllBright advised on the IPO
Firms act on solar battery provider Sigenergy’s HKD4.4bn IPO
DESS solutions provider Sigenergy debuted on the HKEX, raising HKD4.4 bn. Davis Polk, Jia Yuan, Linklaters and Jingtian & Gongcheng advised on the deal
Zaid Ibrahim & Co elevates Jonathan Lim to managing partner
Malaysian law firm Zaid Ibrahim & Co promotes Jonathan Lim Hon Kiat as managing partner, effective 3 April 2026
Kanga & Co acts for stockbroker Shreni Shares’ India IPO bid
Kanga & Co is advising stockbroker Shreni Shares on a proposed India IPO on the NSE and BSE
Kanga & Co guides steelmaker RKB global on IPO bid in India
Kanga & Co is acting for Indian steelmaker RKB Global’s IPO bid on the BSE and NSE
Simmons & Simmons brings in intellectual property partner
Simmons & Simmons has hired trademark lawyer Patsy Lau as a partner at its Hong Kong office, further strengthening its Asia
Capital markets partner returns to JunHe in Hong Kong
JunHe Law Offices welcomes return of partner Ryan Choi at the Hong Kong branch to bolster its capital markets practice
Firms act on Manipal Health’s USD1.2bn IPO bid in India
Firms are advising on Manipal Health’s proposed IPO in India, with the healthcare company hoping to raise USD1.2 billion
RentoMojo first web furniture subscription firm to file for IPO
RentoMojo becomes the first online furniture and appliances subscription business to file for an India IPO
CMS IndusLaw is sole counsel for Intellius Recode on IPO bid
CMS IndusLaw is sole Indian counsel advising software company Intellius Recode on its proposed initial public offering
Firms help Clean Max Enviro Energy raise USD500m in IPO
Firms assist on Clean Max Enviro Energy Solutions’ initial public offering valued at around USD500 million
The A-List 2025-26: Rising Stars
China Business Law Journal has identified this year’s future leaders in the legal market after an extensive market survey and independent research
Capital markets partner rejoins Kirkland & Ellis in Hong Kong
Ricky Chow, former vice-president of the listing division at the HKEX, has rejoined Kirkland & Ellis as a partner in its Hong Kong office
Firms assist PCB maker Delton Technology’s HKD3.3bn IPO
Delton Technology has listed on the HKEX on 20 March, raising HKD3.31 billion (USD422 million)
Firms advise on micro-drive maker Zhaowei’s HKD1.9bn HKEX IPO
Zhaowei Machinery & Electronics listed on the HKEX on 9 March, raising HKD1.9 billion (USD243 million)
International Women’s Day 2026: Breaking the glass ceiling
On IWD 2026, we speak with three women in law who have pierced that ceiling. Their journeys differ, yet they point in the same direction
Jia Yuan adds capital markets partner in Hong Kong
Jia Yuan Law Offices has hired Echo Shen as a partner at its Hong Kong office
SFC flags issues over IPO sponsors, lawyer advises scrutiny
Following the SFC’s circular on the quality of listing documents submitted by sponsors, legal professionals have offered guidance to companies seeking to list in Hong Kong
Chandler Mori Hamada brings in M&A partner from Linklaters
Thailand’s Chandler Mori Hamada has strengthened its corporate and M&A practice with the appointment of Paveen Khiewvichit as a partner, effective 6 March 2026
Jingtian & Gongcheng steers iSpace’s RMB5bn fundraising
Chinese private rocket company iSpace has raised RMB5.04 billion in a series D++ financing round, marking the largest single fundraising in China’s commercial launch vehicle sector
Firms act on Aye Finance IPO in India
Multiple firms worked on the IPO of Aye Finance, comprising equity shares aggregating about USD111.4 million
Firms assist Lead Intelligent’s HKD4.93bn Hong Kong listing
Lead Intelligent debuted on the HKEX on 11 February, raising HKD4.93 billion (USD630 million)
Firms steer Axera HKD2.96bn IPO
Chip supplier Axera listed on the Hong Kong Stock Exchange, raising HKD2.96 billion (USD378.7 million) and becoming the first Chinese edge AI chip company to go public
DLA Piper adds two partners and a team from Sidley and Weil
DLA Piper has strengthened its capital markets capabilities in Hong Kong and Chinese mainland with two major hires
Firms steer Montage Technology’s HKD7bn Hong Kong IPO
Montage Technology, a leading provider of data processing and interconnect chips, listed on the HKEX on 9 February, raising USD901 million
Firms guide on HKD4.83bn IPO of circuit board maker Han’s CNC
Han’s CNC Technology debuted on the HKEX main board on 6 February, raising HKD4.83 billion (USD618 million)
Firms act on pig breeder Muyuan Foods’ HKD10.68bn HKEX IPO
Muyuan Foods, the world’s largest pig breeder, debuted on the HKEX on 6 February, raising HKD10.68 billion. Fangda, Clifford Chance, KWM and Kirkland & Ellis provided legal services
Firms assist Eastroc Beverage on HKD10.1bn HKEX IPO
Health drinks producer Eastroc Beverage has debuted on the HKEX, raising HKD10.1 billion. HSF Kramer, DeHeng , Jia Yuan and O’Melveny advised on the listing
Withers adds senior corporate partner from Sidley Austin
Withers has appointed former Sidley Austin partner Raymond Oh as a senior partner based in Hong Kong and Singapore, where he will lead the firm’s corporate practice
Harnessing capital market waves
Market reforms, investor activity and fundraising trends highlight the investment ecosystems in Hong Kong and Taiwan
Firms guide on SaaS company Amagi Media Labs’ USD196m IPO
Cyril Amarchand Mangaldas (CAM), Shardul Amarchand Mangaldas & Co (SAM), Trilegal and Sidley Austin guided parties involved inglobal SaaS company Amagi Media Labs’ IPO
Firms advise GigaDevice’s HKD4.68bn Hong Kong listing
Chinese chip supplier GigaDevice listed on the HKEX main board on 13 January, raising about HKD4.68 billion (USD600 million)
Firms act on sensor maker OmniVision’s HKD4.8bn IPO on HKEX
OmniVision Group listed on HKEX main board on 12 January, raising about HKD4.8 billion as Hong Kong’s first image sensor IPO
Firms steer AI developer MiniMax’s HKD4.82bn Hong Kong IPO
Marking the largest IPO to date by an AI LLM company, advised by eight law firms
Firms map out Knowledge Atlas’ HKD4.3bn IPO
Knowledge Atlas (Zhipu) made history as the world’s first listed general-purpose LLM company on the HKEX on 8 January 2026
Haiwen recruits capital markets partner in Hong Kong
Haiwen & Partners hires Zheng Jianhao as a Hong Kong partner to strengthen its offshore capital markets and financing practice
KWM adds international capital markets partner
King & Wood Mallesons has hired Lisa Yuan as an international partner, bolstering the firm's cross-border and international capital markets practice
Firms advise on MetaX’s RMB4.2bn IPO in Shanghai
AllBright and China Commercial Law Firm advised on MetaX’s RMB4.2 billion IPO on SSE Star Market, marking China’s second listed GPU company
Firms assist on JD Industrials’ HKD2.83bn listing
JD.com's supply chain service arm, Jingdong Industrials, successfully debuted on the HKEX on 11 December, raising HKD2.83 billion
Japan’s SBI Shinsei Bank eyes year-end USD2.4bn public float
SBI Shinsei Bank’s JPY370.2 billion IPO set for 17 December, with top firms advising on one of Japan’s largest listings this year
Firms act on Novosense’s HKD2.2bn IPO in Hong Kong
Novosense Microelectronics raised over HKD2.2b in its HKEX debut, with multiple firms advising on the IPO
Jingtian & Gongcheng and Jia Yuan steer Moore’s RMB8bn IPO
Moore Threads raised nearly RMB8bn in its 5 December Star Market debut, becoming China’s first domestic GPU stock, with Jingtian & Gongcheng and Jia Yuan advising on the IPO
Five firms chart course for Yangzijiang Maritime’s SGX debut
Rajah & Tann Singapore and other firms advised Yangzijiang Maritime Development on its SGX mainboard listing
Clyde & Co lifts insurance team with ex-HKIA acting GC hire
Clyde & Co hires Patrick Peng as partner and Greater China corporate head, boosting its insurance capabilities in Hong Kong
Firms deliver investment platform Groww’s IPO on NSE
Groww’s INR761 billion NSE IPO saw leading firms advise on complex multi-shareholder and regulatory aspects
Driverless firms Pony.ai, WeRide raise HKD9bn in HKEX IPOs
About 13 firms advised Guangzhou-based Pony.ai and WeRide on HKEX IPOs, raising HKD6.7b and HKD2.39b
Paul Hastings onboards capital markets partner in Hong Kong
Paul Hastings has hired Zhou Quan as a partner in Hong Kong, expanding its Greater China capital markets and M&A practice.
Eswin RMB4.6bn debut marks China’s second-largest IPO in 2025
Jingtian & Gongcheng and Commerce & Finance advised Eswin on its RMB4.6b (USD634.5m) SSE Star Market listing
Firms guide Sany Heavy Industry’s HKD13.5bn HK listing
Clifford Chance, Qiyuan, Ashurst, Linklaters and Jingtian advised Sany Heavy on its HKEX debut, raising HKD13.5b
Firms lead on CIG Shanghai’s HKD4.6bn Hong Kong IPO
Baker McKenzie, DeHeng and others advised CIG Shanghai on its HKEX debut, raising HKD4.6b (USD589m)
Firms steer India e-commerce company Meesho’s proposed IPO
SAM, CAM, Khaitan & Co and Latham & Watkins advised on Meesho’s proposed USD483 million IPO in India
Firms advise China software provider JST Group on HKD2bn IPO
Davis Polk, C&F, Harneys, Linklaters and Jingtian & Gongcheng advised JST Group on its HKD2.09bn HKEX IPO on 21 Oct
Firms advise Tata Capital IPO, largest in 2025
Tata Capital launches India’s largest NBFC IPO led by top law firms
Trilegal, DSK assist on Laser Power’s INR12 billion IPO
Trilegal advises Laser Power & Infra on its INR12 billion IPO in India
Firms guide Zijin Gold’s IPO in world’s second-largest to date
Latham & Watkins, Zenith, DeHeng and others advised on Zijin Gold International’s HKD25b HKEX debut
Ex-Kudun pair launches new Thai firm Mediums to tap M&A
Ex-Kudun partners have launched Mediums, a new Thai law firm focused on M&A and business rehabilitation
Firms steer Chery’s HKD9bn IPO in largest carmaker debut for HK
Chery raised HKD9.14b (USD1.2b) in its Hong Kong debut, marking the city’s largest carmaker IPO so far this year









































































































































