Cases
Hylands Assists Flowing Cloud to Be Successfully Listed on the Main Board of the Hong Kong Stock Exchange
On October 18, 2022, Flowing Cloud Technology Ltd. successfully made its initial public offering and was listed on the main board of the Hong Kong Stock Exchange under the stock code 06610.HK.
Flowing Cloud engages in providing AR/VR content and services in China, known as ‘the first listed company of metaverse’ of the Hong Kong Stock Exchange. According to the information provided by its appointed industry consultant, Flowing Cloud ranked first in the AR/VR content and service market in China in terms of revenue.
As the issuer’s legal adviser in China, Hylands, relying on its rich legal service experience accumulated in the field of overseas IPO, participated in all aspects of the issuer’s red-chip restructuring, domestic legal due diligence, and various legal-related work in China during the listing process, and provided the issuer with integrated legal services.