AsiaInfo Technologies Limited HK$865.3 Million (US$110.6 Million) Initial Public Offering
12/19/2018

Davis Polk advised the underwriters in the initial public offering and listing on the Hong Kong Stock Exchange and the international offering in reliance on Rule 144A and Regulation S of AsiaInfo Technologies Limited. The net proceeds from the offering amounted to approximately HK$865.3 million (US$110.6 million) prior to the exercise of the over-allotment option.

AsiaInfo Technologies Limited is the largest telecom software product and related service provider in China. As the provider of China’s first-generation telecom software, AsiaInfo Technologies Limited has collaborated extensively with each of China Mobile, China Unicom and China Telecom since the 1990s, supporting over one billion subscribers nationwide.

The Davis Polk corporate team included partners Bonnie Y. Chan and Li He, counsel Yang Chu, associates Lulu Lin and Jeffrey Chan and registered foreign lawyers Jennifer Liu and Moran Zhang. The tax team included counsel Alon Gurfinkel and associate Veronica Davis. Members of the Davis Polk team are based in the Hong Kong and London offices.