Global law firm Clifford Chance has advised the sole sponsor, CITIC Securities, and the underwriters on the initial public offering and listing of Shenzhen Transsion Holdings Co., Ltd. Shenzhen (Transsion) on the Main Board of the Hong Kong Stock Exchange, raising approximately US$390 million.
Chair of China Practice and partner Tim Wang co-led the transaction with partners Virginia Lee, Jean Thio and Janet Fok with support from Agatha Shen, Ryan Ho, Francine Chang, Veronica Liu, Hester Choi, Yvonne Zhu, Natalie Tse, Patrick Zhang, Mia Jin, Jay Lee, Pascal Chan, Chunqin Li and Vivian Li.
Transsion is a leading provider of smart devices and mobile internet services in emerging markets, with mobile phone brands including TECNO, Infinix and itel. It is ranked first in Africa by mobile phone sales volume in 2025.
Clifford Chance has advised on the listings of several companies in China’s technology sectors, including the listings of ESWIN Computing, Nexchip and Mobvoi.
Press contact: Fenix Wong
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