News Snapshot:
0 12 Toy maker Pop Mart, a decade-old company that sells popular figurines, went public on the Main Board of the Hong Kong Stock Exchange on 11 December 2020, raising about HK$5.2 billion (US$670.8 million) in capital, with its share price rising 100% when the trading officially kicked off, and its market capitalisation surpassing HK$100 billion. Jingtian & Gongcheng acted as China counsel to Pop Mart, while Davis Polk provided legal opinion on Hong Kong and US laws, and Maples Group advised on Cayman Islands counsel. Simpson Thacher acted as Hong Kong and US counsel to the sponsors and underwriters,...
