Fulu’s $132 Million Initial Public Offering


Latham & Watkins represented Fulu Holdings in the transaction.

Fulu Holdings (Fulu) based in Wuhan, China, completed its US$132 million global offering and initial public offering on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK).

Fulu is the largest third-party virtual goods and service provider in China by revenue in 2019. Fulu intends to use the proceeds from the offering to strengthen its capital base to support the sustainable growth of the business.

The Latham team representing Fulu was led by Hong Kong partners Allen Wang (Picture) and Cathy Yeung, with partners Terris Tang and Dominik Sklenar, counsel Wei Wei, and associates George Zheng and Yan Zhang.

Involved fees earner: Dominik Sklenar – Latham & Watkins; Terris Tang – Latham & Watkins; Allen Wang – Latham & Watkins; Wei Wei – Latham & Watkins; Cathy Yeung – Latham & Watkins; Yan Zhang – Latham & Watkins; George Zheng – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Fulu Holdings;

Author: Michael Patrini