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​JunHe Advises Xiaomi Corporation on its HKD 42.5 Billion Share Placement

2025.04.09

On March 31, 2025, Xiaomi Corporation announced on the Hong Kong Stock Exchange that it had completed the placing of existing shares and the top-up subscription of new shares under a general mandate (the "Placement"). A total of 800 million new shares were issued in the Placement, raising approximately HKD 42.5 billion after deducting expenses.

 

Xiaomi Corporation was founded in April 2010 and was listed on the main board of the Hong Kong Stock Exchange on July 9, 2018, with the stock code 1810. It is a consumer electronics and smart manufacturing company specializing in smartphones, smart hardware and IoT platforms.


JunHe acted as the domestic legal counsel to Goldman Sachs (Asia) L.L.C., J.P. Morgan Securities (Asia Pacific) Limited, and China International Capital Corporation Hong Kong Securities Limited.


Partners LI, Zhi and LEI, Tianxiao led the JunHe team and partner DENG, Lin provided support for the internal control matters.

JunHe is the only Chinese law firm to be admitted as a member of Lex Mundi and Multilaw, two international networks of independent law firms. JunHe and selected top law firms in major European and Asian jurisdictions are “best friends.” Through these connections, we provide high quality legal services to clients doing business throughout the world.
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by JunHe and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.