Davis Polk advised Wise Talent Information Technology Co., Ltd (“Liepin”) in connection with its initial public offering and listing on the Hong Kong Stock Exchange and an international offering in reliance on Rule 144A and Regulation S. The net proceeds from the offering amounted to approximately HK$2.77 billion (US$352.6 million) prior to the exercise of the over-allotment option.

Liepin is the largest online talent acquisition services platform in China. It connects business users to a network of headhunters and effectively matches them with suitable job candidates, thereby serving as the nexus of a large talent acquisition ecosystem in China.

The Davis Polk corporate team included partners Bonnie Y. Chan and Li He, counsel Stephenie Fung, associate Kai Sun and registered foreign lawyers Kevin Zhang and Stan Yao. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Counsel Sarah E. Kim and associate Huiyu Yin provided 1940 Act advice. Members of the Davis Polk team are based in the Hong Kong, London and New York offices.

Copy link to share post