7Road Completes IPO and Listing on the Hong Kong Stock Exchange

On July 18, 2018, 7Road Holdings Limited, a leading online game developer and operator in China with a global reach, successfully listed on the Main Board of the Stock Exchange of Hong Kong, raising approximately HK$915.9 million (after deduction of listing expenses and assuming the over-allotment option is not exercised) from a global offering of 666,680,000 shares. Wilson Sonsini Goodrich & Rosati advised the joint sponsors, GF Capital (Hong Kong) Limited and CCB International Capital Limited, as well as the other joint global coordinators, joint bookrunners, joint lead managers, and underwriters, in the global offering and listing.

The WSGR team was led by partners Dan Ouyang and KJ Tan and included counsel Winfield Lau, associate Ke Li, special associate Xinyi Wang, and legal consultant Erwin Qin.