BEKE completes its dual primary listing on the main board of the HKEx
2022-05-12
On 11 May, KE Holdings Inc.(BEKE) commenced listing on the Main Board of the Hong Kong Stock Exchange (stock code: 02423.HK). The dual primary listing of BEKE on the Main Board of the HKEx by way of introduction does not involve new share financing and there is no offering session, and the opening price on the first day of trading is HK$30.00 per share in board lots of 100 Class A ordinary shares.
BEKE is China's leading online and offline integrated real estate transaction and service platform. The company is dedicated to providing services including second-hand and new home transactions, home leasing, home renovation and other related services, and has owned and operated China's leading real estate brokerage brand "Lian Jia" for over 20 years.
For this IPO, Han Kun, Freshfields Bruckhaus Deringer and Skadden, Arps, Slate, Meagher & Flom advised the issuer for PRC law, Hong Kong law and U.S. law respectively. Harneys acted as Cayman Islands legal advisor.
Jingtian & Gongcheng and Davis Polk advised the sponsors Goldman Sachs and CICC for PRC law and Hong Kong law respectively.
