Kirkland & Ellis represented the eight investment banks acting as underwriters in the US$629 million global offering and listing on the Hong Kong Stock Exchange of Meitu, Inc., a leading PRC mobile Internet company. The listing, which was the largest in Hong Kong by a technology company since Alibaba’s B2B unit went public in 2007, took place on December 15, 2016. Kirkland clients in the transaction included Morgan Stanley, Credit Suisse and China Merchant Securities as joint sponsors, joint global coordinators, joint bookrunners and joint lead managers, as well as CCB International Capital as joint global coordinator, joint bookrunner and joint lead manager, CMB International Capital and UBS as joint bookrunners and joint lead managers and Head & Shoulders Securities and Futu Securities International as joint lead managers.
The Kirkland team was led by Hong Kong corporate partners Dominic Tsun, David Zhang, Li-Chien Wong and Judy Yam and Beijing corporate partner Steve Lin.
For additional information, please see prospectus: http://www.hkexnews.hk/listedco/listconews/SEHK/2016/1205/LTN20161205011.pdf