Davis Polk & Wardwell and Global Law Office are advising Chinese bubble-tea maker Nayuki Holdings on its planned IPO in Hong Kong, with Kirkland & Ellis and Jingtian & Gongcheng advising the joint sponsors.

Established in 2015, the Shenzhen-headquartered Nayuki is seeking to raise $657 million through the IPO, according to Caixin. Following this, it will become the first listed tea company in China.

Walkers is the issuer’s offshore lawyer. The joint sponsors are JP Morgan, CMB International and Huatai International.


To contact the editorial team, please email

Related Articles

MoFo, Davis Polk lead on Ascendent’s $1.66 bln take-private bid for Hollysys

by Mari Iwata |

Morrison & Foerster and Zhong Lun Law Firm have advised Hong Kong-based private equity firm Ascendent Capital on its $1.66 billion bid to take Chinese automation control system provider Hollysys private. The latter is being represented by Davis Polk & Wardwell and Haiwen & Partners.

Davis Polk, Zhong Lun guiding Mixue’s billion-dollar HK IPO

by Mari Iwata |

Davis Polk & Wardwell and Zhong Lun Law Firm are advising China's largest bubble-tea chain store, Mixue Bingcheng, on its IPO on the Hong Kong Stock Exchange, which aims to raise between $500 million and $1 billion.

Davis Polk, Nishimura, MHM act on $4.7 bln Japan chip-packaging deal

by Nimitt Dixit |

U.S. law firm Davis Polk & Wardwell and Japan’s Mori Hamada & Matsumoto are advising a consortium led by state-backed Japan Investment Corp (JIC) on its offer to buy out semiconductor packaging maker Shinko Electric Industries from Fujitsu for $4.71 billion.