Consumer electronics manufacturer Anker Innovations debuted on the HKEX on 2 July 2026, raising around HKD4.63 billion and achieving a dual A+H listing following its initial public offering on Shenzhen’s ChiNext board in 2020.
Global firm Linklaters; American peers Davis Polk, Shanze Partners and Jacobson Burton Kelley; Chinese mainland firms Haiwen & Partners and Commerce & Finance Law Offices; UAE-based Winson Partners and Legal Consultants; London-headquartered Addleshaw Goddard; TMI Associates in Japan; and Li & Partners in Hong Kong were involved in the transaction.
The cornerstone investor line‑up comprised 11 institutions, including Schroders, Aspex, Principal Asset Management, Greenwoods, HACF under Hillhouse Capital, UBS AM Singapore and FT Sealand, among others.
Acting for issuer Anker Innovations, Davis Polk advised on Hong Kong and US law, with the team led by partners He Li, Jason Xu and Li Ran. Haiwen & Partners advised on PRC law and data compliance matters, led by partners Hu Ji and Qian Zhen. Winson Partners counselled on UAE law. Shanze Partners conducted due diligence on the US operations of Anker’s two American subsidiaries, and advised on relevant US federal and state law. Addleshaw Goddard acted as UK counsel, while TMI Associates advised on Japan law.
Li & Partners advised on Hong Kong regulatory matters, with senior associate Sam Lam leading the team and founding partner Robin Li participating in the project. Jacobson Burton Kelley provided advice on US sanctions, export controls, tariffs and customs issues.
The joint sponsors were CICC, Goldman Sachs and JP Morgan. Linklaters acted as Hong Kong and US counsel to the underwriters, with the team led by partner and Greater China head of equity capital markets Christine Xu, capital markets partner Oliver Zhong and corporate partner Samson Chan. Commerce & Finance Law Offices advised on PRC law, with partners Yang Zijiang and Liu Wen leading the team.
Anker submitted its second listing application to the HKEX on 3 June this year, having first filed it on 2 December 2025.
Founded in 2011 by a former Google engineer, Anker designs and develops smart charging and energy storage devices, smart home products and intelligent audiovisual equipment. Its products are sold in more than 180 countries, and several have ranked among Amazon’s “best sellers” since 2012.
According to Frost & Sullivan, Anker ranked first globally in the mobile charging products sector by revenue in 2025, with a market share of 4.8%.
In 2025, the company conducted multiple global product recalls in June and October due to overheating and fire risks associated with certain mobile charging devices. Approximately 710,000 units were recalled in China and 1.63 million units in the US.
