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Clifford Chance advises on cloud services provider Weimob's IPO, deepening expertise in technology and new economy sectors

16 Jan 2019

Leading international law firm Clifford Chance has advised Weimob Inc. on its initial public offering and listing on the Hong Kong Stock Exchange. Established in 2013, Weimob is the leading provider of cloud-based commerce and marketing solutions and targeted marketing services on Tencent's social networking service platforms for small to medium businesses in China.

Partners Virginia Lee and Jean Thio led on the deal, supported by a team consisting of counsel Corey Zhang, registered foreign lawyer Sheng Chen, and associates Samson Chan, Ryan Wong, Xuemei Wang, Helen Huang and Jiwen Peng.

Virginia said, "We are delighted to advise Weimob on their IPO in Hong Kong and proud of our teams in Shanghai and Hong Kong working together seamlessly.”

Jean added, “This deal is testament to our market-leading expertise and deep relationships as we are entrusted by Chinese companies – especially in the innovative technology and new economy sectors – with their outbound investment and listing."

In the past year, Clifford Chance has acted on listings by innovative Chinese technology companies such as iDreamsky, Xiaomi Corporation, Huifu Payment and Ping An Good Doctor.

Matter Type
Banking & Finance - Capital Markets: Equity
Industry
Technology, Media & Telecoms
News Category
Technology, Media & Telecoms
M&A