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Morrison & Foerster Assists UBS Investment Bank in KongZhong’s US$100 Million IPO on NASDAQ

07/16/2004

A team of China and US based Morrison & Foerster attorneys represented UBS Investment Bank, the lead underwriter, in the $100 million initial public offering of American Depositary Shares in KongZhong Corporation (trading symbol: KONG) on the NASDAQ National Market. KongZhong is the leading provider of 2.5G wireless interactive entertainment, media and community services, in terms of revenue, to customers of China Mobile Communications Corporation, which has the largest mobile subscriber base in the world.

The Morrison & Foerster team was led by partners Jonathan Lemberg of the San Francisco office and Xiaohu Ma of the Hong Kong office.