Han Kun and its Hong Kong associated law firm advise YEAHKA LIMITED on its listing on the Main Board of the Hong Kong Stock Exchange
2020-06-01
Han Kun Law Offices and its Hong Kong associated law firm, as PRC and Hong Kong legal advisors, represented YEAHKA LIMITED ("YEAHKA", Stock Code: 9923) in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 98,724,000 ordinary shares (prior to the exercise of the over-allotment option), which raised approximately HK$1.6 billion (US$212.0 million) in gross proceeds. The ordinary shares of YEAHKA are listed on the Hong Kong Stock Exchange. CLSA Capital Markets Limited, Nomura International (Hong Kong) Limited and ABCI Capital Limited acted as joint sponsors. CLSA Limited, Nomura International (Hong Kong) Limited and ABCI Capital Limited acted as joint global coordinators.
YEAHKA is a leading payment-based technology platform in China providing payment and business services to merchants and consumers. YEAHKA was the second largest non-bank independent QR code payment service provider in China in terms of transaction count in 2019.