Herbert Smith Freehills Kramer advises underwriters on Longcheer Technology's Hong Kong IPO

Leading global law firm Herbert Smith Freehills Kramer has advised Citigroup Global Markets Asia Limited, Haitong International Capital Limited, Haitong International Securities Company Limited, Guotai Junan Capital Limited, Guotai Junan Securities (Hong Kong) Limited, Huatai Financial Holdings (Hong Kong) Limited and other underwriters on Shanghai Longcheer Technology Co., Ltd. (09611.HK, 603341.SS)'s listing on the Main Board of the Hong Kong Stock Exchange.

Longcheer’s Hong Kong listing is a dual‑listing following the company’s 2024 debut on the Shanghai Stock Exchange.

"Hong Kong’s capital markets have begun 2026 with sustained momentum, and continue to attract high‑quality issuers and global capital," said Hong Kong partner Matt Emsley.

Longcheer is a leading global provider of smart devices and services, offering research, design, manufacturing and support for renowned smart device brands and technology companies worldwide.

The company's product portfolio includes smartphones, AI PCs, automotive electronics, tablets, smart watches/bands and smart eyewear. Longcheer was the world’s second largest consumer electronics ODM company by shipments in 2024, with a 22.4% market share, and the world’s largest smartphone ODM company with a 32.6% market share.

"We congratulate Longcheer on its successful Hong Kong listing," said Beijing partner Stanley Xie. "Tech‑driven consumer companies continue to shape market activity, and Longcheer’s debut reflects strong investor confidence in high‑growth innovators."

Herbert Smith Freehills Kramer is a leading adviser on A+H listings and cross‑border China capital markets transactions. The firm has advised on the billion‑dollar H‑share listings of A‑share listed companies including S.F. Holding Co., Ltd. (06936.HK, 002352.SZ) and Jiangsu Hengrui Pharmaceuticals Co., Ltd. (01276.HK, 600276.SS). The firm also acted on Hua Hong Semiconductor Limited’s dual listing on the STAR Market of the Shanghai Stock Exchange (688347.SS) and the Hong Kong Stock Exchange (01347.HK).

Partners Matt Emsley, Stanley Xie and Jin Kong* led a cross-office team advising the underwriters, supported by Sean Ji, Crystal Chan, Jasper Wang, Kaiwen Sun, Ting Wang, Cassey Wu, Hao Lin, Allen Wang, Emily Wan and Renee Fung. Brian Ge provided assistance.

Legal manager Marine Jin led Herbert Smith Freehills Kewei Joint Operation’s Digital Legal Delivery business to provide high-efficiency solutions for verification and other document-intensive processes during the listing, assisted by Grace Ji, Jean Zhou, Siyu Chen and Ruofan Li.

*Due to regulatory requirements in Hong Kong, Jin Kong's official title is Senior Registered Foreign Lawyer.