On 2nd, June, Cloud Village has successfully completed its listing in HEKx, raising a total found of around $3.28 billion.

 

BofA Securities, CICC and Credit Suisse acted as joint sponsors.

 

Skadden, Arps, Slate, Meagher & Flom and affiliates, JunHe LLP 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.

 

Freshfields Bruckhaus Deringer and Jingtian & Gongcheng acted as the legal advisors to the joint sponsors on Hong Kong and U.S. laws and PRC Laws respectively.

 

PricewaterhouseCoopers was the reporting accountant and independent auditor.

 

NetEase Cloud Music is one of the leading online music platforms in China, featuring an interactive content community for music enthusiasts in terms of user scale and engagement.