Latham Advises on CiDi’s HK$1.4 Billion Chapter 18C IPO

Latham & Watkins has advised China International Capital Corp (CICC), China Securities (International), and Ping An of China Capital (Hong Kong) on CiDi’s HK$1.4 billion initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX).

CiDi is an innovative product-driven provider of intelligent driving products and solutions for commercial vehicles in China. It focuses on the research and development of closed-environment autonomous driving trucks for mining and logistics, V2X (vehicle-to-everything) technologies, and intelligent perception solutions. The company is a Specialist Technology Company listing on the Main Board of the Hong Kong Stock Exchange under Chapter 18C of the Listing Rules.

The Latham team was led by Hong Kong partners Benjamin Su and Terris Tang, with associates Chimmy Tao, Weigang Meng, Marie Lim, and Lizzy Zhang, and foreign legal consultants Kenneth Wang, Yuxuan Chen, Manyu Tian, and Hanyun Lu.