Recent Transactions

Zhong Lun Advises on Meituan Dianping’s IPO in Hong Kong 2018-09-20


On September 20, 2018, Meituan Dianping (stock code: 3690), China’s leading e-commerce platform for services, announced its initial public offering and listing on the Main Board of The Stock Exchange of Hong Kong Limited. The net proceeds from this offering exceeded HK$32.5 billion prior to the exercise of the over-allotment option.


Maituan Dianping is the second company listed in Hong Kong that is controlled through weighted voting rights, and has become one of the largest public Chinese Internet companies in term of market capitalization. Goldman Sachs, Morgan Stanley and BofA Merrill Lynch are the joint sponsors of the offering.


Zhong Lun Law Firm acted as the PRC legal counsel to the joint sponsors and underwriters in the offering. The legal team from Zhong Lun was led by Anthony Zhao, Yun Zhou, William Jia and Steve Zhao, and included Xin Xie, Summer Huang, Bonnie Hong, Irene Zhang, Yu Feng, Huiyao Yuan, Xiaxia Zhou, Meitong Zhou, Qianli Tian, Mingyu Fan and Chenhui Wu, etc.