Kai Sun

Mr. Sun advises lenders, financial institutions and borrowers in connection with debt financings, acquisition financings, spin-offs and cross-border financings. He also regularly counsels on public takeovers and private acquisitions, going-private transactions, joint ventures, minority investments and dispositions, as well as compliance-related matters for listed companies and corporate governance issues.

Mr. Sun’s experience (including prior to joining Skadden) includes:

• Midea Group Co., Ltd. in its US$4.6 billion IPO of H shares and listing on the Hong Kong Stock Exchange
• TUHU Car Inc. in its US$138 million IPO of Class A shares and listing on the Hong Kong Stock Exchange       
• SharkNinja, Inc. in its spin-off from JS Global Lifestyle Company Limited (Hong Kong). As a result of the transaction, SharkNinja became a publicly traded company
• YSB Inc. in its US$40 million IPO of shares on the Hong Kong Stock Exchange
• Lufax Holding Ltd. in the dual primary listing of its ordinary shares by way of introduction on the Hong Kong Stock Exchange
• 360 DigiTech, Inc. in its US$35 million global offering and secondary listing of Class A ordinary shares on the Hong Kong Stock Exchange
• ClouDr Group Limited in its US$74 million IPO and listing on the Main Board of the Hong Kong Stock Exchange
  
  Weibo Corporation in its US$385 million global offering and secondary listing of Class A ordinary shares on the Hong Kong Stock Exchange
• the lead underwriters in the US$258 million IPO and listing on the Hong Kong Stock Exchange of Clover Biopharmaceuticals, Ltd.
• Transcenta Holding Limited in its US$83 million listing and IPO on the Main Board of the Hong Kong Stock Exchange
• Baidu, Inc. in its US$1 billion offering of green bonds in two tranches: US$300 million of 1.625% notes due 2027 and US$700 million of 2.375% notes due 2031. The green bonds were listed on the Hong Kong Stock Exchange and were Baidu’s first sustainable bonds offering
• Li Auto Inc. in its US$1.52 billion offering of Class A ordinary shares and dual-primary listing on the Hong Kong Stock Exchange
• DiDi Global, Inc. in its US$4.4 billion initial public offering of American depositary shares and listing on the New York Stock Exchange
• Linklogis in its US$1 billion Hong Kong IPO and global offering
• the underwriters in Baidu’s US$3.1 billion Hong Kong secondary listing
• JOINN Laboratories in its US$844 million Hong Kong IPO and global offering
• Pop Mart in its US$674 million Hong Kong IPO and global offering
• Antengene in its US$357 million Hong Kong IPO and global offering
• Zai Lab in its US$766 million Hong Kong secondary listing
• Ming Yuan Cloud in its US$797 million Hong Kong IPO and global offering
• Tigermed in its US$1.37 billion Hong Kong IPO and global offering
• Kingsoft Cloud in its US$510 million U.S. IPO on Nasdaq
• InnoCare Pharma in its US$287 million Hong Kong IPO and global offering
• Tongcheng-Elong in its US$180 million Hong Kong IPO and global offering
• Tongdao Liepin Group (previously known as Wise Talent Information Technology Co., Ltd) in its US$352.6 million Hong Kong IPO and global offering
• Yili in its US$378 million privatization of China Zhongdi Dairy Holdings
• Li & Fung in its US$920 million privatization by a consortium formed by its controlling shareholders and GLP
• Intime Retail in its US$2.55 billion privatization by Alibaba Investment and Intime International Holdings
• Aluminum Corporation of China in its US$326 million privatization of Chinalco Mining Corporation International
• Joy City Property in its disposal of a 49% shareholding in six mixed-use complex property projects in the PRC to subsidiaries of China Life and GIC
• China Resources Beer in its acquisition of a 49% interest in China Resources Snow Breweries
• Thai Hot Investment in its acquisition of Dah Sing Life, Dah Sing Insurance Services and Macau Life from Dah Sing Financial Holdings Limited and Macau Insurance Company
• Li & Fung in its divestment of its Asia consumer and health care distribution businesses
• China Yongda in its proposed spin-off of its major subsidiary
• Yancoal International Resources Development in its US$500 million senior guaranteed perpetual capital securities offering
• Zhejiang Expressway in its €365 million offering of zero coupon H share convertible bonds
• Evergrande Real Estate Group in its US$300 million high-yield senior notes offering
• China Resources Beer in its HK$9.5 million rights offering