Han Kun and its Hong Kong associated law firm represented YEAHKA LIMITED in its issue and listing of convertible bonds on the Hong Kong Stock Exchange
July, 2022 - Hong Kong, Mainland China
Han Kun Law Offices and its Hong Kong associated law firm (collectively, "Han Kun"), legal advisors as to PRC law and Hong Kong law, respectively, represented YEAHKA LIMITED ("YEAHKA", Stock Code: 9923) in its issue of US$70,000,000 6.25% convertible bonds due 2027 (the "Bonds") in reliance on Regulation S under the United States Securities Act of 1933. The Bonds are listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"). J.P. Morgan Securities plc and Credit Suisse (Hong Kong) Limited acted as joint global coordinators, joint bookrunners and joint lead managers.
YEAHKA is a leading payment-based technology platform in China, providing payment, merchant and local lifestyle solutions to merchants and consumers. According to the Thematic Analysis on Industrial Payment in China in 2021（《中国产业支付专题分析2021》）published by Analysys, YEAHKA ranked first among non-bank independent QR code payment service providers in China, in terms of comprehensive capabilities, including transaction volume and the number of merchants served.
Han Kun also represented YEAHKA in its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange in June 2020 and its placing of ordinary shares to professional investors in December 2020.
