Linklaters advises on Alibaba’s HK$80bn share placing

Linklaters has acted as international counsel to the joint placing agents and co-bookrunners on Alibaba Group Holding Limited (Alibaba)’s placing of new ordinary shares, raising HK$80bn (approximately US$10.2bn).

The cross-practice Linklaters team was led by partners Oliver Zhong, Head of Greater China ECM Christine Xu, Queenie Tong and Christian Felton. Partner Michael Lamson provided specialist support on international trade matters. 

With over 50 years on-the-ground expertise in Hong Kong SAR and the wider Asia region, Linklaters’ highly regarded Greater China ECM team has deep local insights combined with the strength of the firm’s global platform. The team provides seamless legal support on pre-IPO investments, IPOs, post-listing compliance and financing, and regularly advises on complex, high-profile equity capital markets transactions involving technology companies and issuers listed across multiple international markets.