Simpson Thacher & Bartlett and Fangda Partners are both long time legal advisors to Alibaba. Now the tech giant has announced that it is seeking to upgrade its secondary listing in Hong Kong to a primary status, are both firms once again to reap rewards?
July 29, 2022 at 07:36 AM
4 minute read
The original version of this story was published on Law.com International
As Alibaba Group looks to upgrade its secondary listing in Hong Kong to a primary status, all eyes are on which firms will handle the tech giant’s latest play.
When it listed in the New York in 2014, raising $25 billion in what was then the world’s largest ever initial public offering (IPO), it was represented by its lead legal advisors, Simpson Thacher & Bartlett and Fangda Partners.
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