news
The logo of Chinese social media app Weibo is seen on a mobile phone in this illustration picture taken December 7, 2021. REUTERS/Florence Lo

Skadden, Arps, Slate, Meagher & Flom and TransAsia Lawyers have advised Chinese social media platform Weibo Corporation on its $385 million secondary listing in Hong Kong, with Simpson Thacher & Bartlett and Haiwen & Partners leading the joint sponsors and underwriters.

The NASDAQ-listed Weibo is China's largest microblogging platform. According to Reuters, the company has 566 million monthly average users, based on the listing documents lodged with the Hong Kong Stock Exchange.

The Skadden team was led by partners Julie Gao, Paloma Wang and Yuting Wu.

 

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

Related Articles

Deals

Skadden advises Cemex on $650 mln Philippines divestment

by Nimitt Dixit |

U.S. law firm Skadden, Arps, Slate, Meagher & Flom has advised Mexico-based multinational building materials company Cemex on the sale of its operations and assets in the Philippines to Dacon Corporation, DMCI Holdings, and Seminara Mining and Power Corporation.

Deals

Skadden, AMT, MHM, Davis Polk advise on Trial Holding’s $258 mln Japan IPO

by Nimitt Dixit |

Skadden, Arps, Slate, Meagher & Flom and Anderson Mori & Tomotsune have advised Japanese discount-store chain operator Trial Holdings on its $258 million initial public offering on the Tokyo Stock Exchange (TSE), the largest IPO of the year so far.

Deals

Skadden, Hogan Lovells guide $1 bln TDCX take-private deal

by Nimitt Dixit |

U.S. law firm Skadden, Arps, Slate, Meagher & Flom has advised billionaire Laurent Junique, the founder and CEO of TDCX, in his move to take the company private at an equity valuation of approximately $1.037 billion.