Paul Hastings Advised CICC And Other Underwriters On MetaLight’s HK$242 Million Hong Kong IPO And Global Offering

Paul Hastings Advised CICC and Other Underwriters on MetaLight’s HK$242 Million Hong Kong IPO and Global Offering

Paul Hastings LLP advised China International Capital Corporation Hong Kong Securities Limited (“CICC”) — acting as sole sponsor, overall coordinator, joint global coordinator, joint bookrunner, and joint lead manager — and other underwriters on the HK$242 million (approximately US$31 million) global offering and listing of MetaLight Inc. on the Main Board of the Hong Kong Stock Exchange.

MetaLight operates Chelaile, a popular mobile application that leverages big data analytics to provide real-time, accurate bus arrival information, enhancing urban mobility and commuter experience in China.

The Paul Hastings team was led by Raymond Li (Founding Partner and Chair of Greater China), Chaobo Fan (Partner), and Steven Hsu (Partner), with support from Jessica Lam, Carla Lai, and Linfei Li (Associates); Jingyi Cao (China Associate); Alisa Zhang (Legal Manager); and Sunny Han (Paralegal).

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