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Driverless firms Pony.ai, WeRide raise HKD9bn in HKEX IPOs

About 13 firms advised Guangzhou-based Pony.ai and WeRide on HKEX IPOs, raising HKD6.7b and HKD2.39b

Firms advise China software provider JST Group on HKD2bn IPO

Davis Polk, C&F, Harneys, Linklaters and Jingtian & Gongcheng advised JST Group on its HKD2.09bn HKEX IPO on 21 Oct

Firms assist on Horizon Robotics’ HKD6.4bn share placement

Davis Polk, KWM and Jingtian & Gongcheng advised Horizon Robotics on its HKD6.4b share placement and top-up arrangement

On the road to regulation

A comparison of legal developments for the use of autonomous vehicles in mainland China and Taiwan

China’s Autonomous Vehicle Regulations

By Andrew Zhang, Alice Zhu and Jason Xu, Fangda Partners

Firms counsel on Horizon Robotics’ HKD4.67bn HK placement

Horizon Robotics raises HKD4.67bn via share placement and top-up deal, among HK’s largest capital market deals in 2025

Trio acts for iQIYI’s USD350m convertible bond issue

Jingtian & Gongcheng, Davis Polk advised iQIYI on its USD350m convertible bonds issuance

Fourth Paradigm clinches HKD1.02bn IPO on fourth endeavour

China’s AI unicorn Fourth Paradigm, after three previous attempts, has successfully listed on the HKEX raising HKD1.02 billion (USD130 million)

KWM, Skadden advise on BYD’s USD2.2bn buy of mobility business

King & Wood Mallesons (KWM) and Skadden have acted on BYD Electronic’s USD2.2 billion acquisition of Jabil’s mobility business

Keep overcomes data scrutiny to successfully list in Hong Kong

Six law firms acted on Keep’s HKD313 million (USD40 million) IPO, marking the Chinese online fitness platform’s success

Five law firms advise on largest chapter 18A listing in Hong Kong

Five law firms advised on Chinese biotechnology company Laekna’s HKD791 million chapter 18A offering, which is the largest such IPO to date this year

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