Xiang Ao

Xiang’s experience includes advising:

• The underwriters on the HK$1.53 billion initial public offering of Crealights Technology, an optical interconnection products provider, on The Stock Exchange of Hong Kong
• The underwriters on WeRide’s HK$2.4 billion initial public offering and dual primary listing on The Stock Exchange of Hong Kong. This is the first dual primary listed 18C Specialist Technology Company with a weighted voting right structure on the SEHK
• The joint sponsors and underwriters on the HK$1.85 billion initial public offering of Caocao, a leading ride-hailing platform in China, on The Stock Exchange of Hong Kong
• The underwriters on the US$440 million initial public offering on the NASDAQ and concurrent private placements for WeRide, a global leader and a first mover in the autonomous driving industry. This transaction was awarded Equity Capital Markets Deal of the Year by China Business Law Journal’s Deals of the Year Awards 2024
• The underwriters on the HK$333 million initial public offering of Baiwang, a Chinese enterprise digitalization solutions provider, on The Stock Exchange of Hong Kong
• Tianqi Lithium, a leading global lithium producer, on its HK$13.5 billion H share initial public offering on The Stock Exchange of Hong Kong
• Jinmao Property Services, the leading high-end property management provider in China, on its HK$825 million spinoff and initial public offering on The Stock Exchange of Hong Kong
• The arrangers and dealers on Sinochem Offshore Capital Company Limited’s US$15 billion medium term note and perpetual securities program update