Kirkland Represents Yuanbao on its Successful Listing on Nasdaq

Kirkland & Ellis represented Yuanbao Inc. (“Yuanbao”) on its initial public offering in the United States. Yuanbao offered 230 million American Depositary Shares (“ADSs”) at a price of USD 15 per ADS. The ADSs began trading on the Nasdaq Global Market under the ticker symbol “YB” on April 30, 2025.

Yuanbao is a leading technology-driven online issuance distributor in China. Goldman Sachs, Citigroup and CICC are the underwriters for the offering.

The Kirkland team included capital markets lawyers Mengyu Lu, Justin Zhou and Luna Wang.