Latham Advises on Huaqin’s HK$4.55 Billion IPO

Latham & Watkins has advised the joint sponsors and underwriters on Huaqin Co., Ltd.’s HK$4.55 billion (approximately US$581 million) initial public offering (IPO) of 58,548,200 H‑shares at HK$77.7 per share on the Stock Exchange of Hong Kong (HKEX). CICC and BofA Securities acted as joint sponsors, and Goldman Sachs, CITIC Securities, ABCI, Futu Securities, and Tiger Brokers acted as joint underwriters in the transaction.

Huaqin is an A‑share‑listed smart product platform that integrates core technologies including AI, IoT, big data and communication technologies, and incorporates intelligent functions. The company supports the development and implementation of products and technologies across the mobile communication, internet, cloud computing, and AI eras.

The Latham team was led by Hong Kong corporate partners Terris Tang and Benjamin Su, with Beijing counsel Wei Wei; Hong Kong associates Weigang Meng, Jonathan Leung, Xiang Ao, and Weihao Huang; and assistance from Beijing foreign legal consultant Peiying Li and Hong Kong senior paralegal Candy Mak.