Linklaters Advises on Mokingran Jewellery’s HK$527.48m Hong Kong IPO.
Linklaters served as legal counsel to the sole sponsor and underwriters in the global offering and successful listing of Mokingran Jewellery Group Co., Ltd. (Mokingran) on the Main Board of the Hong Kong Stock Exchange. The offering raised approximately HK$527.48 million.
Mokingran is a leading gold jewelry manufacturer based in China, renowned for its original designs. As of June 30, 2024, the brand boasts an extensive franchise network, including 2,850 stores operated by 1,670 franchisees. Additionally, Mokingran manages seven direct service centers, 17 provincial dealerships, and 36 self-owned stores, showcasing its strong presence and reach in the market.
The Linklaters team was led by capital markets partner Lipton Li and corporate partner Donnelly Chan. The key team members included Wei Liang, Shan-Ying Suk, Matt Mao, Michelle Tu, Cici Li and Leo Zeng.