Xiang Ao

Xiang’s experience includes advising:

• The underwriters on the HK$1.53 billion IPO of Crealights Technology, an optical interconnection products provider, on HKEX
• The underwriters on WeRide’s HK$2.4 billion IPO and dual primary listing on The Stock Exchange of Hong Kong (HKEX). This is the first dual primary listed 18C Specialist Technology Company with a weighted voting right structure on HKEX
• The joint sponsors and underwriters on the HK$1.85 billion IPO of Caocao, a leading ride-hailing platform in China, on HKEX. This transaction was recognized as Remarkable by the LegalOne 2025 Deals of the Year – China
• The underwriters on the US$440 million IPO on 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 IPO of Baiwang, a Chinese enterprise digitalization solutions provider, on HKEX
• Tianqi Lithium, a leading global lithium producer, on its HK$13.5 billion H share IPO on HKEX
• Jinmao Property Services, the leading high-end property management provider in China, on its HK$825 million spinoff and IPO on HKEX
• The arrangers and dealers on Sinochem Offshore Capital Company Limited’s US$15 billion medium term note and perpetual securities program update