Walkers (Hong Kong) Acts on iQiyi's and Bilibili's Nasdaq IPO

Leading offshore law firm Walkers is pleased to announce that we acted as Cayman Islands counsel on two recent US IPOs.


Bilibili
Acted as Cayman Islands counsel to Bilibili Inc. on its $483 million listing on Nasdaq.

Bilibili Inc. is the largest Chinese online anime streaming platform in China.

The deal was led by Hong Kong Partner Yin Xu, who was supported by Jo Lit and Winnie Xu.

Other legal advisers on the transaction included Skadden, Arps, Slate, Meagher & Flom, Latham & Watkins and White & Case.


iQiyi
Acted as Cayman Islands counsel to iQiyi on its US$2.25 billion listing on Nasdaq. The deal is the largest U.S. IPO from Asia so far in 2018 and one of the biggest in the U.S. overall for the same period.

iQiyi is the largest internet video streaming service provider in China, with 60.1 million subscribers at the end of February 2018.

The deal was led by Hong Kong Partner Amelia Hall and Senior Associate William Lee.

Other legal advisers on the transaction included Skadden, Arps, Slate, Meagher & Flom and Davis Polk & Wardwell.

HONG KONG
Amelia HallPartnerT +852 2596 3359amelia.hall@walkersglobal.com
Yin XuPartnerT
Jo LitCounselT +852 2596 3383jo.lit@walkersglobal.com
William LeeSenior AssociateT +852 2596 3358william.lee@walkersglobal.com
Winnie XuLegal ManagerT +852 2596 3391winnie.xu@walkersglobal.com