Kingsoft Cloud dual primary listing on the Hong Kong Stock Exchange
We advised Kingsoft Cloud on its dual primary listing by way of introduction on the HKEX
Davis Polk advised Kingsoft Cloud Holdings Limited (NASDAQ: KC; HKEX: 3896) in connection with its dual primary listing by way of introduction of ordinary shares on the Hong Kong Stock Exchange. We also advised Kingsoft Cloud on its IPO and Nasdaq listing in 2020.
Kingsoft Cloud is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.
The Davis Polk corporate team included partners Li He and Jason Xu, counsel – registered foreign lawyer Kevin Zhang, associates Jennifer Ng, Sarah Shi, Jeffrey Lee and registered foreign lawyer Xiaofei Ye. Counsel Alon Gurfinkel and associate Kelli A. Rivers provided tax advice. Counsel Sarah E. Kim provided advice regarding the Investment Company Act of 1940. Members of the Davis Polk team are based in the Hong Kong, Beijing, New York and London offices.