Davis Polk & Wardwell and Jingtian & Gongcheng have advised Pop Mart International Group on its HK$5.2 billion ($674 million) Hong Kong IPO, with Simpson Thacher & Bartlett and King & Wood Mallesons representing the joint sponsors and the underwriters.

Pop Mart has established an integrated platform covering the entire industry chain of pop toys, including artists development, IP operation, consumer access and pop toy culture promotion.

According to Reuters, the IPO had been under consideration for at least a year, but the company and its advisors held off until the coronavirus pandemic passed in China.

The Davis Polk team was led by partners Li He and Yang Chu.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com. 

Related Articles

Deals

SAM, Luthra, Simmons guide planned $360 mln India renewable energy IPO

by Asian Legal Business《亚洲法律杂志》 |

Shardul Amarchand Mangaldas & Co is advising Indian renewable energy firm ACME Solar Holdings on its planned 30-billion-rupee ($360 million) initial public offering, with Luthra & Luthra Law Offices and Simmons & Simmons representing the book-running lead managers.

Deals

Paul Hastings advises Korean gaming firm on $315 mln IPO

by Asian Legal Business《亚洲法律杂志》 |

U.S. law firm Paul Hastings has advised Tencent-backed South Korean gaming company Shift Up on its 435-billion-won ($315 million) initial public offering on the Korea Exchange.

Deals

Latham, Links advise on Malaysia's largest IPO in 2 years

by Asian Legal Business《亚洲法律杂志》 |

Latham & Watkins and Mah-Kamariyah & Philip Koh have advised Malaysian palm oil company Johor Plantations Group on its 735-million-ringgit ($157 million) initial public offering, the country's biggest in more than two years.