Capital Markets

• Pony AI $413 million U.S. IPO
• Atour $52 million U.S. IPO
• Full Truck Alliance $1.77 billion U.S. IPO 
• Uxin’s $225 million U.S. IPO 
• ZJLD HK$5.3 billion Hong Kong IPO
• Ming Yuan Cloud $797 million Hong Kong IPO 
• Nayuki $656 million Hong Kong IPO
• Ping An Healthcare and Technology $1.12 billion Hong Kong IPO 
• Youran Dairy $644 million Hong Kong IPO
• Beisen HK$155 million Hong Kong IPO 
• Tencent Music Entertainment Hong Kong secondary listing
• Zai Lab $766 million Hong Kong secondary listing
• iQIYI $422 million follow-on ADS offering
• Bilibili convertible notes exchange and concurrent follow-on equity offering
• YY Inc follow-on ADS offering
• Atour $98 million secondary offering
• Bilibili $1.6 billion sustainable convertible notes offering
• Sea Limited $575 million convertible notes offering
• Baidu $950 million notes offering
• Sinopec Group $3 billion MTN Program establishment
• Fosun International multiple note offerings
• Fantasia Holdings multiple high-yield note offerings
• China Reinsurance multiple note offerings

Private Equity & Venture Capital Financings

• InSilico Medicine’s $60 million Series D1 financing
• Trustbridge Partners’ $200 million investment in WeWork China