YH Entertainment – HK$490 Million IPO

Hong Kong – January 23, 2023 – Cooley advised YH Entertainment, an established artist management company in China, on its HK$490 million ($63 million) global offering. Partners Michael Yu and Will Cai led the Cooley team.

According to Frost & Sullivan, YH Entertainment ranked first among artist management companies in China, with a market share of 1.9% in terms of artist management revenue in 2021.

CSCI and CMS served as joint sponsors, joint overall coordinators, joint global coordinators, joint bookrunners and joint lead managers for the global offering. Valuable Capital, China Everbright Securities, CSFG International Securities, Guosen Securities, uSMART Securities, Tiger Brokers, Futu Securities, Guotai Junan Securities and Livermore served as joint bookrunners and joint lead managers, with Zheshang International Financial and Easy Securities serving as joint lead managers.

Since its establishment in 2009, YH Entertainment has grown into a culture and entertainment platform comprising three complementary businesses of artist management, music intellectual property production and operation, and pan-entertainment business development.

Notably, this is Cooley’s second Hong Kong initial public offering in 2023 and the fourth Hong Kong IPO project in the past few weeks.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has nearly 1,500 lawyers across 18 offices in the United States, Asia and Europe, and a total workforce of more than 3,000.

Related Contacts
Michael Yu  Partner in Charge – Hong Kong Hong Kong
Will Cai  Partner Hong Kong, Palo Alto
Lisa Yuan  Special Counsel Beijing
Ying Liu  Associate Hong Kong
Yuan Dai  Associate Shanghai
April Wang  Associate Hong Kong
Ruohao Zhang  International Legal Project Manager Beijing
Zhengyang Li  Legal Assistant Hong Kong
Related Practices & Industries

Capital Markets  Public Companies  Asia