Clifford Chance advises EV maker Leapmotor on US$807 million Hong Kong IPO and Listing
Helen Saulnier
2 min read
Leading worldwide regulation business Clifford Opportunity has recommended Chinese EV maker Zhejiang Leapmotor Technological know-how Co., Ltd. on its US$807 million first public giving and listing on the mainboard of the Hong Kong Stock Trade. Hangzhou-centered Leapmotor designs and generates electrical autos for the mid to superior-conclusion industry in China. In 2021, the corporation was a person of the speediest-rising among the major pure-play EV makers primarily based in China.
China Co-Running Partner Tim Wang, partners Fang Liu and Tianning Xiang co-led the offer, with guidance from a Better China crew such as consultants Janet Tang and Sheng Chen, associates April Zhang, Ashley Sunlight, Chloe Lau and Elaine Lau.
Tim said, “We are proud to deliver our team’s know-how in the new energy sector to suggest Leapmotor on their profitable listing, a milestone both of those for the firm and also China’s quick-expanding EV sector. This IPO highlights sizeable development in the world pattern in transportation in direction of electrification and cleanse strength changeover.”
Fang added, “We are so glad to support Leapmotor in completing this landmark IPO. This is the most up-to-date testomony to our market main skills and capabilities in advising new vitality champions, world or domestic. In the 3rd quarter of 2022 on your own, we have suggested on major listings in this sector, including Tianqi Lithium’s US$2 billion Hong Kong IPO and the pioneer GDR listings of three EV battery associated corporations on the Six Swiss Exchange. We also search ahead to Porsche’s €9.7 billion IPO and listing on the Frankfurt Stock Trade, as very well as the impending Hong Kong IPO and listing of leading EV battery maker CALB.”
