Conyers provided Cayman Islands legal advice to Lufax Holding Ltd (“Lufax”) in connection with its US$2.36 billion initial public offering in the United States of ordinary shares of par value US$0.00001 per share of the company in the form of American Depositary Shares on the New York Stock Exchange. (NYSE: LU)
Based in Shanghai, Lufax is an online finance marketplace that operates in multiple business such as wealth management and retail credit facilitation in China.
Partner Vivien Fung, Associate Beverly Cheung and Felicity Lee of Conyers’ Hong Kong office advised on the matter, working alongside Skadden, Arps, Slate, Meagher & Flom LLP and Haiwen & Partners.
This matter won the China Business Law Journal’s Deals of the Year 2020. It has been shortlisted at IFLR Asia-Pacific Awards 2021 for Equity Deal of the Year.