Skadden advised Kanzhun Limited, a leading online recruitment platform in China, on its HK$2.277 billion (approximately US$290 million) public offering of Class A ordinary shares, which was completed on July 4, 2025.
This is the first share offering since the Hong Kong Stock Exchange introduced FINI (Fast Interface for New Issuance), a new digital platform through which IPO market participants and regulators can manage the end-to-end settlement process for new listings in Hong Kong. It is also one of the few new follow-on offerings by Hong Kong-listed companies in recent years.
The Skadden team was led by China practice co-head Paloma Wang and partner Shu Du, supported by counsel Kenneth Chase and associates Shimeng Zhang, Xinjia Wang, and Adriana Chiu.
