Kirkland Represents Longcheer on its Hong Kong IPO
Kirkland & Ellis advised Shanghai Longcheer Technology Co., Ltd. (Longcheer, SH: 603341, HKEX: 9611) on its global offering and listing on the Main Board of The Stock Exchange of Hong Kong Limited on January 22, 2026. The joint sponsors are Citigroup Global Markets Asia Limited, Haitong International Capital Limited and Guotai Junan Capital Limited.
Longcheer successfully raised approximately HK$1.62 billion by offering 52,259,100 H Shares at a price of HK$31.00 per H Share, prior to the exercise of the over-allotment option, with the Hong Kong public offering tranche oversubscribed by approximately 1,150 times and international offering tranche oversubscribed by over 9 times. The offering also attracted significant interest from a prestigious group of cornerstone and industrial investors including Qualcomm and OmniVision.
Longcheer is a leading global provider of smart devices and services, offering solutions, including product research, design, manufacturing, and support, for renowned smart device brands and leading technology companies worldwide.
The Kirkland team included capital markets lawyers Mengyu Lu, George Zheng, Justin Zhou, Jingwen Dong, Luna Wang and Jiawei Zhao; investment funds lawyer Phil Giglio; and tax lawyers Anne Kim, Jessica Yeh and Maggie Carr.
