Anker Innovations Technology HK$5.33 billion Hong Kong IPO
We advised Anker Innovations Technology on its IPO and HKEX listing
Davis Polk advised Anker Innovations Technology on its initial public offering and listing on the Hong Kong Stock Exchange in reliance on Rule 144A and Regulation S. The gross proceeds from the offering amounted to approximately HK$5.33 billion, assuming the over-allotment option will be exercised in full.
Anker Innovations Technology is primarily engaged in the design and development of consumer electronics, delivering reliable products and user-centric experiences to consumers in more than 180 countries and regions worldwide. Founded in 2011, it has grown from the Anker brand and steadily expanded its product portfolio across smart charging and power storage, smart home and smart audio and video under three global brands — Anker, eufy and soundcore — along with two core sub-brands, Anker SOLIX and eufyMake. According to Frost & Sullivan, Anker Innovations Technology ranked first globally in the mobile charging products sector by revenue in 2025.
The Davis Polk corporate team included partner – registered foreign lawyer Li He, partners Jason Xu and Ran Li, counsel – registered foreign lawyer Xin (Sheen) Xu, and associates Edwin Lee and Ching Suen and registered foreign lawyer Kailai (Claire) Xiong. Counsel Alon Gurfinkel and associate Ya Sheng Lin provided tax advice. Counsel Sarah E. Kim provided 1940 Act advice. Members of the Davis Polk team are based in the Hong Kong, Beijing, New York and London offices.