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IPO

This photo taken on October 19, 2022 shows a worker producing soy sauce in Rugao in China’s eastern Jiangsu province. Photo: AFP

Soy-sauce maker Haitian may raise US$1.5 billion in Hong Kong IPO

The Guangdong-based company is in talks with advisers on a potential share sale in the Asian financial hub and a listing could happen in the first half of next year.

Hong Kong to enhance IPO rules to attract listings, John Lee says

Hong Kong IPOs: market abuzz with activity after China stimulus

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Hyundai IPO a test of investor confidence in India’s growth story

The IPO proceedings could help Hyundai narrow market gaps in India, expand its facilities to serve global markets, analysts say.

An Indian man passes by a Hyundai Motor India Limited car showroom in Mumbai, India. Photo: EPA-EFE

CR Beverage to use US$640 million IPO to fund expansion, supply chain efficiency

China’s second-largest bottled water firm plans to sell 347.8 million shares at HK$14.50 each.

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HKEX launches white paper to ‘spark discussion’ on cutting settlement time

The bourse operator is enhancing its systems to create a clearing and settlement platform that will make the market T+1 ready by end of 2025.

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China’s regulator investigating CICC over sponsorship of IPO for S2C

Investment bank ‘suspected of failing to exercise due diligence’ in the withdrawn offering, which led to penalties against S2C.

A sign for China International Capital Corp (CICC) is seen in Beijing. Photo: Getty Images

Shein’s UK sales hit US$2 billion last year as it eyes London IPO

The fast-fashion giant is set to hold informal investor meetings in the coming weeks for a planned London listing, sources say.

Hong Kong’s economy needs help. What can John Lee do?

City leader should prioritise tapping into emerging markets, diversifying the economy and amplifying Hong Kong’s attractiveness, observers say.

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India’s stock market set for surge with high-profile IPOs ahead of Diwali

India’s stock market is set for a surge in IPOs, thanks to the US Fed’s rate cut and during the festival season, with new listings expected to raise US$5 billion.

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A man walks past the National Stock Exchange building in Mumbai, India. Photo: Reuters

Fed rate cut could propel Hong Kong to top 3 on global IPO table by year-end

Lower rates will drive investors away from US dollar assets towards Hong Kong and Chinese markets, with Beijing’s recent stimulus acting as a catalyst.

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The fortunes of Hong Kong’s stock market are back on the rise. Photo: Eugene Lee

JD Industrials files a second IPO attempt in Hong Kong amid boom

The company submitted its second IPO application after a first attempt failed last year due to tepid market conditions.

A rush of mega IPOs could put Hong Kong back on top of the IPO table

IPOs in the city reached US$7.14 billion in the first nine months, exceeding last year’s total of US$5.9 billion, LSEG data shows.

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Chinese AI firm Chongqing Terminus Smart Technology files for Hong Kong IPO

Chongqing Terminus Smart Technology, a Chinese AI company, joined a growing list of companies seeking to launch their IPOs in Hong Kong.

An AI logo at an exposition in Chongqing. Photo: Shutterstock

Shein makes rare job cuts in Singapore as London IPO remains in limbo

The fast-fashion retailer is laying off more than 20 people in a restructuring of its IT R&D centre.

Shein has faced scrutiny over its China origins as it seeks an IPO in the UK. Photo: Reuters

Hong Kong takes Singapore’s crown as Asia’s top financial hub: study

Hong Kong regains top billing in Asia from Singapore for the first time since September 2022, when the city remained closed due to the pandemic.

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China’s central bank throws a lifeline to the struggling stock market

The PBOC plans to set up a swap facility that would give financial institutions access to at least US$71 billion in funding to buy shares.

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Will Qiniu’s third IPO attempt in Hong Kong succeed after Midea’s triumph?

Qiniu, a Chinese cloud service provider backed by Alibaba, is making a third attempt at a Hong Kong initial public offering.

Exchange Square in Central. Photo: SCMP/Yik Yeung-man

Hong Kong landlords set to worsen office glut as fresh supply hobbles recovery

Some 3 million square feet of supply will hit the market next year, likely delaying any recovery in office rentals, analysts say.

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EV maker Hozon says Hong Kong IPO is progressing, seeks funds to drive exports

Hozon has started delivering Neta X to buyers in Hong Kong on Sunday, priced from HK$229,800 (US$29,498).

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Editorial | Midea provides light at end of Hong Kong IPO tunnel

Blockbuster debut by world’s largest maker of home appliances on city stock exchange raises hopes of more mega deals.

Midea Group CFO Zhong Zheng (left) and Chairman and CEO Fang Hongbo, at the company’s HKEX listing ceremony. Photo: Jonathan Wong

First Malaysia, next: the world? 99 Speed Mart eyes international expansion

The ubiquitous mini-mart chain is ‘looking for good opportunities’ to expand abroad – as it adds 250 more Malaysian outlets every year.

A worker uses a trolley to wheel a pallet of orders from a truck at a 99 Speed Mart warehouse in Negeri Sembilan, Malaysia. Photo: Bloomberg

Hong Kong IPO market’s ‘very positive momentum’ set to build, HKEX CEO says

After Midea’s US$3.98 billion listing on Tuesday, ‘we’re seeing a lot of very good signs in the IPO market’, says Bonnie Chan.

Midea’s Hong Kong IPO sizzles as shares soar in blockbuster sale

The Foshan-based company raised HK$31.01 billion last week, after offering its stock at HK$54.80 a share, at the top end of an expected price range.

Midea’s jumbo Hong Kong IPO priced at top of range to raise US$3.46 billion

The listing has been priced at HK$54.80 amid strong demand from global and local investors, setting the stage for ‘more mega deals’.

Exchange Square in Central is home of the city’s stock exchange operator. Photo: Jonathan Wong

US-sanctioned Chinese AI chip champion Biren plans IPO

The Shanghai-based unicorn, seen as a potential Nvidia competitor on the mainland, has begun its IPO tutoring process.

Biren Technology is one of several Chinese AI chip designers trying to take advantage of the absence of Nvidia’s advanced chips on the mainland. Photo: Handout

Kazakh giant eyes Hong Kong’s dim sum bonds to fund cable project

The company’s telecoms unit Freedom Telecom plans to spend 107 billion tenge (US$236 million) until the end of 2027 on two projects in Kazakhstan.

Chinese home appliance giant Midea seeks largest Hong Kong IPO in 3 years

The jumbo IPO would be the city’s biggest new-share offering since JD Logistics raised the equivalent of US$3.64 billion in May 2021.

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IPO
Latest news and analysis on initial public offerings (IPOs), with a particular focus on companies raising funds on the Hong Kong Stock Exchange.
last updated:
9 September, 2024
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