Hong Kong. Nixon Peabody CWL advised Ying Kee Tea House Group Limited on its IPO and listing (Stock Code: 8241) on the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange by way of share offer.
The Hong Kong–based Chinese tea retailer specializes in selling Chinese tea and makes more than 70 varieties of tea. Ying Kee’s products also include teapots, brewing trays, cups, and strainers.
The shares Ying Kee offered under the IPO have been oversubscribed. Ying Kee was listed on the Hong Kong Stock Exchange on April 16, 2018, raising HK$48.6 million from the share offer before expenses.
Nixon Peabody CWL’s legal team was led by senior partner Cheng Hoo and consultant Katherine Chan with the assistance of trainee solicitor Max Wong.