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Firm Represents Underwriters in US$143.4 Million Initial Public Offering of American Depositary Shares of SouFun Holdings Limited

10.08.10

The Hong Kong and Beijing offices of the Firm represented the underwriters, led by Deutsche Bank and Goldman Sachs in the US$143.4 million initial public offering and listing on the New York Stock Exchange of 3,373,224 American Depositary Shares of SouFun Holdings Limited.  The offering was primarily a secondary offering with Telstra International Holdings Limited selling 1,826,002 ADSs and the other selling shareholders selling an aggregate of 860,322 ADSs in the base deal.

The ADSs of SouFun Holdings Limited are traded on the New York Stock Exchange under the ticker symbol "SFUN".  SouFun Holdings Limited operates the leading real estate Internet portal in China in terms of the number of page views and visitors to its website.

The Simpson Thacher team for the transaction included Leiming Chen, Bill Hinman, Daniel Fertig, Asher Hsu, Justin Wong and legal assistants Vivien Mao and Wei Fang (Corporate), Jennie Getsin (FINRA) and Jennifer Klein (Tax).