Pengyao (Raymond) Lai
  1. Associate

Mr. Lai is an associate in Davis Polk’s Corporate Department, currently assigned as a Legal Manager in Beijing.

Work Highlights

EQUITY OFFERINGS
  • Youdao, Inc.'s $220.2 million NYSE IPO and concurrent private placements
  • Tencent Music Entertainment's $1.1 billion NYSE IPO
  • iQIYI's $2.25 billion Nasdaq IPO
  • Sunlands Online Education Group's $150 million NYSE IPO
  • Sogou's $585 million NYSE IPO
  • Qunar's $192 million Nasdaq IPO
  • Haitong UniTrust International Leasing's $297.7 million Hong Kong IPO and global offering 
  • Tongcheng-Elong's $180 million Hong Kong IPO and global offering
  • CSC Financial's $915 million Hong Kong IPO and global offering
  • Postal Savings Bank of China's $7.3 billion Hong Kong IPO and global offering
  • CICC's $810 million Hong Kong IPO and global offering
  • China Galaxy Securities' $1.1 billion Hong Kong IPO and global offering
  • PICC's $3.6 billion Hong Kong IPO and global offering
  • Qingdao Port's $376 million Hong Kong IPO and global offering
  • CAR's $468 million Hong Kong IPO and global offering
  • WIN Semiconductors' global depository shares offering
DEBT OFFERINGS
  • China Gold International Resources' $500 million guaranteed bond offering
  • Shandong Yuhuang Chemical's $300 million high-yield notes offering
  • China South City's $300 million high-yield notes offering
  • China Oriental Group's tender offer and consent solicitation for outstanding senior notes
  • The Korea Development Bank's $1.5 billion notes offering
  • Fantasia Holdings' $300 million high-yield notes offering
  • Greentown China Holdings' $400 million high-yield notes offering
  • China Oil And Gas Group's $350 million high-yield notes offering
M&A
  • The buyer group on the going-private transaction of KongZhong
  • CITIC Capital Partners on its completed acquisition of AsiaInfo-Linkage and related financing

Professional History

  • Davis Polk since 2015

Practice Focus

Bar Admissions

  • State of New York

Education

  • B.A., LL.B.(Hons.), Law, China University of Political Science and Law, 2010
  • M.L., Law, University of International Business and Economics, 2012
  • LL.M., Law, Columbia Law School, 2015

Languages

  • Cantonese
  • Mandarin
  • English