A Tencent-backed Chinese drama series company, Linmon Media, has raised HKD420 million (USD53.5 million) from its IPO on the HKEX.
Herbert Smith Freehills acted as Hong Kong and US counsel for the joint sponsors and underwriters, Morgan Stanley $Morgan Stanley (MS.US)$ and the CICC $CICC (03908.HK)$ , as Jingtian & Gongcheng acted as PRC counsel.
Some of Linmon Media’s productions had been all the rage, such as Nothing But Thirty,...