Sidley advised BabyTree Group (HKEX1761), as the issuer’s Hong Kong and U.S. counsel in its approximately HK$1.70 billion (approximately US$218 million) global offering on the Main Board of the Hong Kong Stock Exchange.
BabyTree Group is one of the largest and most active M&C-focused community-based platforms in China, with an average 139.0 million total MAUs (Monthly Active Users) in 2017.
The Sidley team was led by partners Mengyu Lu and Kefei Li, with support from counsel Michael Yu, foreign legal consultant Oliver Zhong, associate Jacob Zhao, legal managers Sierra Tao and Ying Liu, China advisor Rock Liu, senior legal assistant Grace Hua, as well as legal manager Jenny Han
The Sidley China team has advised on more than 25 Hong Kong IPOs from January to October 2018 and continually leads the Hong Kong legal advisor league table on deal counts.*
*RyanbenCapital data (2018 January - October)