03 November 2020

King & Wood Mallesons advises GDS on its Hong Kong listing

On 2 November 2020, GDS Holdings Limited (“GDS”) was listed on the Main Board of the Stock Exchange of Hong Kong with the stock code 9698-SW. GDS issued a total of 160,000,000 Class A ordinary shares (subject to over-allotment) at a price of HK$ 80.88 each through international and Hong Kong public offerings. It is expected to raise HK$12.9408 billion (subject to over-allotment) through this global offering. 

GDS is a neutral third-party data center operator, focusing on developing and operating high-performance data center. This second listing is another important step taken by GDS to implement its business strategy leveraging the world's major capital markets, following its listing in NASDAQ in November 2016 with the stock code: GDS.

King & Wood Mallesons (“KWM”) acted as the PRC counsel to the issuer again and has been fully engaged in all the stages of this project. By examining the relevant laws, regulations and practices relating to data center industry, and developing innovative solutions to various issues, the KWM team provided comprehensive and professional legal services to the client in its successful listing. This is also another leading project on which KWM advised in the new infrastructure sector.

This project was led by partners Jonathan Pan, Wang Ningyuan and Chen Fuan, and supported by Song Jingyuan, Ding Lei, Wang Mengying, Zhang Songqi, Zhou Danyi and Ge Chenyue.

Media contact

Share on LinkedIn Share on Facebook Share on Twitter
    You might also be interested in

    On 14 January 2021, The Legal 500, a leading international legal directory, released its 2021 Asia Pacific rankings.

    18 January 2021

    In December 2020, King & Wood Mallesons (KWM) Shenzhen and Nanjing offices welcomed a new partner respectively, and Beijing and Chongqing offices brought in three counsels.

    31 December 2020

    On 23 December 2020, Haier Smart Home Co., Ltd. (HSH, stock code: 600690.SH / 690D.DE / 6690.HK) was listed on the Main Board of The Stock Exchange of Hong Kong Limited (HKEx) by way of introduction...

    24 December 2020

    King & Wood Mallesons IP litigation partner Xu Jing made the list of 2020 ALB China Top 15 IP Lawyers released by Asian Legal Business (ALB) on 22 December 2020.

    21 December 2020

    This site uses cookies to enhance your experience and to help us improve the site. Please see our Privacy Policy for further information. If you continue without changing your settings, we will assume that you are happy to receive these cookies. You can change your cookie settings at any time.

    For more information on which cookies we use then please refer to our Cookie Policy.