Latham Advises Shenzhen Longsys Electronics on HK$7.08 Billion IPO
Firm represents independent semiconductor memory product enterprise on HKEX listing.
Latham & Watkins has advised Shenzhen Longsys Electronics, a global leading independent semiconductor memory product enterprise, on its HK$7.08 billion (approximately US$902 million) initial public offering (IPO) on the Stock Exchange of Hong Kong (HKEX). The offering is composed of 29,989,450 H shares (subject to the over-allotment option) at an offer price of HK$236 per H share. It’s A Shares have been listed on the Shenzhen Stock Exchange with the stock code of 301308.
The Latham team was led by Hong Kong partners Daying Zhang, Mandy Wong, and Terris Tang, with Hong Kong counsel Eric Yiu; Hong Kong associates Alex Lai, Jenny Zhang, Wincy Yim, Nicole Peng, and Cartman Tai; Beijing associate Caroline Lin, Yi Wang; Beijing Foreign Legal Consultant Ruby Sheng; Hong Kong Senior Paralegal Amy Tai; and Beijing Paralegal Lili Tang. Advice was also provided on compliance matters by Beijing partner Hui Xu; on US regulatory matters by Washington, D.C. partner James Barker.