NAME: Tianqi Lithium’s secondary listing in Hong Kong

LAW FIRMS: JunHe, Zhong Lun Law firm

JURISDICTION: China, Hong Kong

PRACTICE AREAS: Capital markets


Tianqi Lithium’s $1.7 billion Hong Kong IPO is our deal of the month for July.

Zhong Lun Law Firm has advised leading Chinese lithium producer Tianqi Lithium on its landmark $1.7 billion H share initial public offering in Hong Kong, with JunHe advising the joint sponsors. This marks the largest Hong Kong IPO in 2022 so far.

The offering, which is the largest share sales in the Asian financial hub for 2022 thus far, consists of 164,122,200 H Shares priced at H$82 per share.

Established in 1995, Sichuan-based Tianqi Lithium Corporation has been traded on Shenzhen Stock Exchange since 2010. The company’s secondary listing on Hong Kong comes as the race for lithium batteries heats up globally.

The Zhong Lun team was led by partners Bin Fan, Yunfan He, Zexiong Wen and Conghui Meng.