Skip to main content
news

Freshfields Bruckhaus Deringer, Skadden, Arps, Slate, Meagher & Flom and Han Kun Law Offices have advised Chinese property platform KE Holdings on its listing on the Hong Kong Stock Exchange, with Davis Polk & Wardwell and Jingtian & Gongcheng counselling the joint sponsors.

KE, an integrated online and offline platform for housing transactions and services, has become the second New York-listed company recently to carry out a “listing by introduction” in Hong Kong, according to Reuters, following a similar move by electric vehicle manufacturer Nio Inc in March.

In a listing by introduction, a company does not issue new shares or raise fresh capital, unlike a traditional IPO, Reuters added.

The company’s decision to list on HKSE, which is a dual primary listing, came after KE Holdings was added on April 22 by the U.S. authorities to the list of companies that could be delisted from American exchanges if they did not allow U.S. auditors to access their accounts, Reuters said.

The Freshfields team was led by partners Teresa Ko and David Yi. A team from Harneys advising the issuer on offshore law was led by partners Calamus Huang and Vicky Lord.

 

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

9 firms advise on milestone $8.2 bln cross-border insurance deal

by Sarah Wong |

Global law firms Debevoise & Plimpton, Kirkland & Ellis and Herbert Smith Freehills are acting for Bermuda-based insurer Resolution Life on its $8.2 billion sale to Japan’s Nippon Life Insurance, the largest overseas acquisition by a Japanese insurer to date.

Top international firms act on landmark $7.1 bln ESR take-private deal

by Nimitt Dixit |

Global law firms Freshfields, Latham & Watkins, Kirkland & Ellis, Paul, Weiss, Rifkind, Wharton & Garrison and Cleary Gottlieb Steen & Hamilton have steered an offer to take the Hong Kong-listed ESR Group private in a deal valued at $7.1 billion.

Fangda, KWM act on HKAA’s $592 mln acquisition of Zhuhai Airport stake

Fangda Partners has advised the Hong Kong Airport Authority (HKAA) on its agreement to purchase a 35 percent stake in Zhuhai Airport for approximately $592 million, with King & Wood Mallesons representing the seller, Zhuhai Transportation.