Latham & Watkins Advises on JF Wealth’s HK$1 Billion IPO
China’s largest online investor content service provider lists on the HKEX.
Latham & Watkins has advised CICC as sole sponsor and other underwriters on the HK$1.014 billion initial public offering (IPO) of JF Wealth Holdings Ltd on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX). The global offering consists of 59,618,500 shares (subject to the over-allotment option) at an offer price of HK$17 per share.
JF Wealth Holdings is the largest online investor content service provider and the second largest online investment decision-making solution provider in China. The company focuses on the provision of education services and financial information software services in the online investor content service market.
The Latham team was led by Hong Kong capital markets partners Cathy Yeung and Mandy Wong, with counsel Zheng Wang, and associates Yingshi Pan, Jovi Cheng, Mia Gu, and Caroline Lin.