On February 5th, Kuaishou Technology has successfully completed its listing on the main board of the HKEx, raising a total found of around HK$ 42 billion.

 

Morgan Stanley, BofA Securities and China Renaissance acted joint sponsors, joint global coordinators, joint bookrunners and joint lead managers.

 

Latham & Watkins LLP, Haiwen & Partners and Maples and Calder LLP acted as the legal advisors to the issuer on Hong Kong and U.S. law, PRC Law and Cayman Islands law respectively. The team of Latham was led by partners Benjamin Su, Cathy Yeung, Daying Zhang and Terris Tang based in Hong Kong office; the team of Haiwen was led by partners Xuemei Lv, Chao Huo and Chenling Ma.

 

Clifford Chance and Commerce & Finance Law Offices acted as the legal advisors to the joint sponsors on Hong Kong and U.S. law and PRC Law respectively. The team of Clifford Chance was led by partners Christine Xu and Liu Fang.

 

PricewaterhouseCoopers acted as Reporting Accountant and Auditor.

 

Kuaishou is one of the most widely used social media platform in China, providing services including short video sharing, live streaming, e-commerce and online marketing via multiple applications.