Skadden, Arps, Slate, Meagher & Flom and Jingtian & Gongcheng have advised Chinese photo app maker Meitu on its $630 million initial public offering on the Hong Kong Stock Exchange, with Kirkland & Ellis and Global Law Office representing the underwriters.
The IPO is a rare technology sector flotation in Hong Kong and the largest from the industry since the business-to-business unit of e-commerce giant Alibaba Group Holding went public in 2007, according to Reuters.
The Skadden team was led by Hong Kong partners Julie Gao, Christopher Betts and Will Cai, while the Kirkland team included corporate partners Dominic Tsun, Li-Chien Wong, David Zhang and Judy Yam in Hong Kong as well as partner Steve Lin in Beijing.