Norton Rose Fulbright advises on Hong Kong IPO of Chinese AI tech company Nuobikan

Global law firm Norton Rose Fulbright has advised China International Capital Corporation Hong Kong Securities Limited (CICC) as sole sponsor, on the global offering and H-share listing of Nuobikan Artificial Intelligence Technology (Chengdu) Co., Ltd. (Nuobikan) on the Main Board of the Hong Kong Stock Exchange.

Nuobikan specialises in the industrial application of advanced technologies including AI and digital twins that target areas of transportation, energy and urban management. It mainly provides integrated software and hardware solutions adopting comprehensive AI industry models for monitoring, inspection and maintenance purposes.

The Norton Rose Fulbright team was led by partners Psyche Tai, Winnie Chan and Ethan Chen, who were supported by senior registered foreign lawyer Tracy Ding and associate Mark Lam.

Psyche Tai, the head of Norton Rose Fulbright's Hong Kong office and capital markets practice, commented:

"We were delighted to advise on this listing. Investor appetite in Hong Kong's equity markets remains buoyant for high quality technology offerings, particularly those in the AI sector. This transaction reinforces Hong Kong's position as a leading hub for innovative companies seeking access to global capital."

Norton Rose Fulbright's global equity capital markets team handles all types of listings and equity offerings across all key industry sectors. The firm's Hong Kong lawyers have a strong track record in managing large, complex IPOs and listings in Hong Kong, particularly in the technology and innovation sectors.