Equity Offerings

• KE Holdings dual primary listing on the Hong Kong Stock Exchange
• ANE $143 million Hong Kong IPO and global offering
• Helens $323 million Hong Kong IPO and global offering
• Youran Dairy $644 million Hong Kong IPO and global offering
• Waterdrop $360 million U.S. IPO
• Linklogis $1 billion Hong Kong IPO and global offering
• Bairong $455 million Hong Kong IPO and global offering
• Tuya $915 million U.S. IPO
• Kuke Music $50 million U.S. IPO
• Pop Mart $674 million Hong Kong IPO and global offering
• KE Holdings $2.12 billion U.S. IPO
• Kingsoft Cloud $510 million U.S. IPO and $509 million follow-on offering
• Molecular Data $61.2 million U.S. IPO
• 36Kr $20 million U.S. IPO
• UP Fintech $104 million U.S. IPO
• X Financial $104.5 million U.S. IPO
• Sogou $585 million U.S. IPO
• Zhaopin $76 million U.S. IPO
• Meituan Dianping $4.22 billion Hong Kong IPO and global offering
• 51 Credit Card $130 million Hong Kong IPO and global offering
• Yihai International $111 million Hong Kong IPO and global offering
• Legend Holdings $1.96 billion Hong Kong IPO and global offering
• CAR Inc. $468 million Hong Kong IPO and global offering
• Qingdao Port $376 million Hong Kong IPO and global offering
• PICC $3.1 billion Hong Kong IPO and global offering
• Longfor Properties $1.049 billion Hong Kong IPO and global offering
• Fabrinet $53.2 million SEC-registered secondary offering
• Xueda Education SEC-registered follow-on offering

Mergers & Acquisitions

• Yintech on its going-private transaction
• Ucommune on its merger with Orisun Acquisition Corp.
• Meituan Corporation on its strategic cooperation with DianPing Holdings Ltd.
• IDG, Warburg Pincus and Baidu in several private investments and M&A transactions, including Baidu’s acquisition of PPStream, Inc.