Puyi Inc.’s $25.75 Million Initial Public Offering


Sidley advised Puyi Inc. (NASDAQ: PUYI) as U.S. counsel in its approximately US$25.75 million initial public offering of its American Depositary Shares listed on the NASDAQ Global Market.

Puyi Inc. is a leading third-party wealth management services provider in China focusing on the mass affluent and emerging middle-class population. It also provides corporate finance services and asset management services.

The Sidley team was led by partner Kefei Li (Picture), with support from counsel Joyce Ip, China advisors Guanlin Wang and Chris Wang as well as legal assistant Eason Qu.

Involved fees earner: Joyce Ip – Sidley Austin LLP; Kefei Li – Sidley Austin LLP; Guanlin Wang – Sidley Austin LLP; Chris Wang – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Puyi Inc.;

Author: Ambrogio Visconti