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Freshfields advises on secondary listing of Baozun Inc. on HKSE
Freshfields Bruckhaus Deringer (‘Freshfields’) has provided Hong Kong and US law advice to the joint sponsors and the underwriters of the secondary listing of shares in Baozun Inc. on the Hong Kong Stock Exchange (‘HKSE’). The transaction raised proceeds of approximately US$442m (before the exercise of the Over-allotment Option). Trading in the shares commenced on 29 September 2020.
Baozun Inc. is the leader and a pioneer in the brand e-commerce service industry in China. It provides e-commerce services to brands, including IT solutions, online store operation, marketing, customer services, and warehousing and fulfillment. Baozun Inc.’s American Depositary Shares were listed on the NASDAQ in 2015.
The Freshfields team advising on the transaction was led by partners Calvin Lai and Jason Xu. New York based partner Michael Levitt and counsels Jeremy Barr and Brian Lewis also provided valuable support.
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About Freshfields Bruckhaus Deringer
Freshfields Bruckhaus Deringer LLP is a global law firm with a long track record of successfully advising the world's leading national and multinational corporations and financial institutions on groundbreaking and business-critical challenges. Our team of more than 2,800 lawyers and other legal professionals delivers global results from our 28 offices worldwide. Our commitment, local and multinational expertise and business know-how means our clients can rely on us when it matters most.