2020年6月6日,互联网公司网易在香港完成二次上市,此次上市共募资约209亿美元。世达国际律师事务所、吉布森律师事务所、中伦律师事务所担任发行人律师,美国达维律师事务所、君合律师事务所则为联席保荐人与承销商提供法律意见。

网易成立于1997年,目前拥有游戏、教育、音乐、电商等多个业务板块。网易于2000年6月在纳斯达克上市,它是自阿里巴巴后,第二家返回香港进行二次上市的中概股公司,也是2020年首家完成在港二次上市的中概股公司。

据悉,网易二次上市从立项到完成上市,仅用时3个月,创下了香港最快上市纪录。网易此前透露募集资金将用于支持其全球拓张计划。

据路透社报道,港交所CEO李小加此前曾说,2020年将成为见证从美国资本市场“返航者”归来的“大年”。

迈普达律师事务所就开曼群岛法律提供意见。

中金、瑞士信贷和摩根大通担任本次发行的联席保荐人。

世达团队牵头律师为合伙人高准、周全、王鹏、李海平;中伦团队牵头律师为合伙人赵靖、贾海波、沈进;达维团队牵头律师为亚洲联席主席何鲤,全球合伙人林振宇、褚洋;君合团队牵头律师为合伙人王健刚、余永强、易宜松、滕晓燕,并得到合伙人李辰亮协助。

 

Skadden, Zhong Lun, Davis Polk, JunHe, Maples on NetEase’s $2.7 bln secondary listing

Skadden, Arps, Slate, Meagher & Flom, Gibson, Dunn & Crutcher and Zhong Lun Law Firm have advised China internet heavyweight NetEase on its $2.7 billion secondary listing in Hong Kong, with Davis Polk & Wardwell and JunHe advising the joint underwriters.

Founded in 1997, NetEase now has different service sectors comprising online gaming, education, music and e-commerce platform. It was listed on Nasdaq twenty years ago, in June 2000. 

NetEase is the latest to follow Alibaba, who underwent a mammoth secondary listing of $11.3 billion in Hong Kong in last November, for a close-to-home secondary listing. 

This IPO also set a new record in Hong Kong with a shortest completion time of only three months. In its earlier regulatory filings, NetEase said it planned to use the proceeds to fund its international expansion plans.

According to Reuters, NetEase’s deal is expected to be one of several large secondary deals in Hong Kong this year. Charles Li, CEO of Hong Kong Exchanges and Clearing, said he expected 2020 to be “a big year” for what he called “returnees” from U.S. markets.

Maples and Calder acted as offshore legal counsel in the deal. 

CICC, Credit Suisse and J.P. Morgan were joint underwriters.

The Skadden team was led by partners Julie Gao, Christopher Betts, Paloma Wang and Li Haiping; while the Zhong Lun team led by partners Anthony Zhao, William Jia, and John Shen; the Davis Polk team was led by partners He Li, James Lin and Chu Yang, meanwhile the JunHe team was led by partners Wang Jiangang, Yu Yongqiang, Yi Yisong and Teng Xiaoyan, with assistance from partner Li Chenliang.

 

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