HK: Jia Yuan, Broad & Bright led on Chervon’s IPO

On December 30, 2021, Chervon Holdings (stock code: 2285.HK), a leading  electronic tools and outdoor power equipment company, successfully listed on the Main Board of the Hong Kong Stock Exchange, raising HK$3.14 billion.

Jia Yuan Law Offices and Simpson Thacher & Bartlett advised the issuer; Sullivan & Cromwell and Broad & Bright advised the joint sponsors.CICC and Citi acted as joint sponsors in the IPO.