27 Nov 2025

Norton Rose Fulbright advises on Hong Kong IPO of Chinese consumer e-commerce operator

"Norton Rose Fulbright advised China International Capital Corporation Hong Kong Securities Limited (CICC) and CITIC Securities (Hong Kong) Limited as joint sponsors on the global offering and Main Board listing of Quantgroup Holding Limited on the Hong Kong Stock Exchange. Quantgroup operates Yangxiaomie, a consumer e-commerce platform, and Consumption Guide, an O2O automotive retail platform."

Norton Rose Fulbright advised China International Capital Corporation Hong Kong Securities Limited (CICC) and CITIC Securities (Hong Kong) Limited as joint sponsors in connection with the global offering and listing of Quantgroup Holding Limited. The transaction comprised the global offering and the listing of Quantgroup Holding Limited on the Main Board of the Hong Kong Stock Exchange. Quantgroup is an operator of online marketplaces in China, running two principal businesses: Yangxiaomie (羊小咩), a one-stop consumer e-commerce platform, and Consumption Guide (消费地图), an O2O platform for automotive retail. Leveraging its proprietary technology platform, Quantgroup delivers intelligent and personalised experiences for its consumers and business partners. Norton Rose Fulbright represented China International Capital Corporation Hong Kong Securities Limited (CICC) and CITIC Securities (Hong Kong) Limited with a team composed by: Psyche Tai (partner; head of Norton Rose Fulbright’s Hong Kong office and capital markets practice), Winnie Chan (partner), Jane Yau (senior associate) and Samantha Hui (associate).
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