04 July 2019

KWM advises mobile gaming company Homeland Interactive on its Hong Kong IPO

King & Wood Mallesons (KWM) advised China Everbright Capital Limited as the sole sponsor and other underwriters SBI China Capital Financial Services Limited and China Galaxy International Securities (Hong Kong) Co., Limited on the HK$424 million global offering and initial public offering (IPO) of Homeland Interactive Technology Ltd. (Homeland Interactive, HKEX Stock Code: 3798) on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX).

Homeland Interactive was listed on the HKEX on 4 July 2019. The IPO was priced at HK$1.35 and comprised a total of 314,000,000 shares. Homeland Interactive is a leading localised mobile card and board game developer and operator in China with a focus on localised Mahjong and poker games.

KWM has extensive experience representing issuers and underwriters on Hong Kong listings for companies in the Telecommunications, Media, Entertainment and Technology sector. This successful closing further strengthens the firm’s track record in this space, adding to over 15 listings completed by the Hong Kong Equity Capital Markets team. Recent listings in the past three years include Left Field Printing Group Limited and Zhicheng Technology Group Ltd. in 2018; Putian Communication Group Limited in 2017; and China Digital Video Holdings Limited in 2016.

The team was led by Hong Kong-based partner John Baptist Chan, with support from associates Carlton Ng and Nathaniel Lau.

Media contact

Share on LinkedIn Share on Facebook Share on Twitter
    You might also be interested in

    We are delighted to have retained our leading position as “Best Law Firm in Hong Kong” by FinanceAsia for the second consecutive year.

    09 June 2020

    We advised the sole sponsor on the HK$125 million Hong Kong IPO of Edensoft Holdings Limited.

    12 May 2020

    We received Regional Law Firm of the Year and four prestigious recognitions in IFLR Asia Awards 2020.

    07 May 2020

    We advised LOGOs on the establishment of a US$800 million logistics development venture in China.

    23 April 2020

    This site uses cookies to enhance your experience and to help us improve the site. Please see our Privacy Policy for further information. If you continue without changing your settings, we will assume that you are happy to receive these cookies. You can change your cookie settings at any time.

    For more information on which cookies we use then please refer to our Cookie Policy.