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Simpson Thacher Represents Underwriters in HK$1.64 Billion Hong Kong IPO and Rule 144A/Regulation S Offering of Yeahka

06.01.20

The Firm represented the underwriters in the initial public offering and Rule 144A and Regulation S offering by Yeahka Limited (“Yeahka”). Yeahka offered an aggregate of 98,724,000 shares prior to the exercise of the underwriters’ overallotment option. The base offering size was approximately HK$1.64 billion (US$210.6 million). The shares of Yeahka are listed on the main board of the Hong Kong Stock Exchange. CLSA, Nomura and ABCI acted as the joint sponsors, joint global coordinators and joint bookrunners.

Yeahka is a leading payment-based technology platform in China providing payment and business services to merchants and consumers.

The Simpson Thacher team for the transaction included Christopher Wong, Yi Gao, Marjory Ding, Emily Yiu and Yi-Ping Chang (Capital Markets).