13 November, 2017
Skadden advised PPDAI Group, a Chinese peer-to-peer lending platform, in its US$221 million initial public offering of American Depositary Shares and listing on the New York Stock Exchange, and a concurrent private place of $50 million.
NYSE trading in the ADS will commence on 10 November 2017.
The Skadden team members include partners Julie Gao and Haiping Li, and associates Jie Zhang and Will Wang.