• Linklogis



    English name: Linklogis
    Chinese name: 联易融

    Founded: 2016
    Founder: Charles Song
    Headquarters: Shenzhen, Guandong
    Key people: Charles Song
    Encyclopaedic information: Baidu

    Linklogis Digital Technology Group Co, Ltd is a Chinese supply chain financing service provider based in Shenzhen, Guangdong.

    Established as Shenzhen Qianhailian Yirong Financial Services Co, Ltd in 2016, the company is backed by Tencent Holdings, Standard Chartered Bank, Singapore sovereign wealth fund GIC, CITIC Capital, China Merchants Venture, Skyworth among other shareholders.

  • Shenzhen News (Shenzhen)—Shenzhen-based fintech Linklogis is looking to raise HK$8.28 billion ($1.1 billion) from an initial public offering in Hong Kong. Linklogis provides tech solutions for supply chain financing in China. The company is backed by Tencent and Standard Chartered Bank, and Singapore sovereign wealth fund GIC.

    Linklogis is selling 452.9 million shares at HK$16.28 to HK$18.28 ($2.10 to $2.35) apiece, Bloomberg reports. The company plans to price the offering on 31 March, and then list on the exchange on 9 April.

    According to the filing to the Hong Kong stock exchange on Friday, the share sale attracts six cornerstone investors agreeing to subscribe a total of $365 million in stock. BlackRock Inc and Fidelity will each buy $100 million in shares. Janus Henderson Funds, the Ontario Teachers’ Pension Plan Board, and Sequoia Capital China will each buy $50 million, while Singapore’s EDB Investments will buy $15 million.

    Goldman Sachs Group In. and China International Capital Corp are joint sponsors of the deal.