Li Auto Completes its Dual Primary Listing on HKEx
2021-08-13

On August 12, Li Auto Inc. has successfully completed its dual primary listing in Hong Kong, raising about HK$ 11.8 billion.

 

Goldman Sachs and CICC acted as joint sponsors.

 

Skadden, Arps, Slate, Meagher & Flom and affiliates, Han Kun Law Offices and Maples and Calder (Hong Kong) LLP acted as the legal advisors to the issuer on Hong Kong and U.S. laws, PRC Laws and Cayman Islands laws respectively.

 

Kirkland & Ellis and King & Wood Mallesons acted as the legal advisors to the joint sponsors on Hong Kong and U.S. laws and PRC Laws respectively.

 

PricewaterhouseCoopers acted as the auditor and reporting accountant.

 

Established in 2015, the Beijing-headquartered Li Auto manufactures and sells new energy vehicles. In July 2020, the company finished its $1.1 billion IPO in Nasdaq.