28 September, 2018
Skadden advised Viomi Technology Co. Ltd., a leading IoT @ Home technology company in China, in its US$ 103 million listing on Nasdaq. The team was led by partners Julie Gao (Hong Kong) and Haiping Li (Shanghai), with Beijing associates Xueyin Zhong and Frank Xu. Trading commenced on 25 September.
Skadden also advised China Renaissance in its US$ 350 million listing on the Hong Kong Stock Exchange. PartnersJulie Gao, Christopher Betts and Will Cai (Hong Kong)advised, along with Of Counsel Paloma Wang (Hong Kong), associates Peter Pang (Shanghai) and Paul Mok and Xu Zheng (Hong Kong). Trading commenced on 27 September.
On the same day, LAIX Inc., which operates Liulishuo, an AI-powered English language learning platform, listed on the New York Stock Exchange in a US$ 72 million initial public offering. Partners Julie Gao, Haiping Li, associate Weiwei Chen (Hong Kong) and international legal consultant Xiaoqiu Huang (Shanghai) advised LAIX.
Partners Julie Gao and Haiping Li, along with associatesYiming Liu andYiying Wang (Shanghai), are advising Cootek Inc., a fast growing mobile internet company based in Shanghai, on its listing on the New York Stock Exchange in an offering estimated to raise US$ 52.2 million. Trading is expected to commence on 28 September.
