IPO

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HashKey’s lukewarm debut tests Hong Kong’s ambitions as digital asset hub

Shares of HashKey Holdings, operator of Hong Kong’s largest licensed cryptocurrency exchange, were flat on their trading debut, as investors…

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China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach

Chinese artificial intelligence start-up MiniMax plans to channel funds from its proposed Hong Kong initial public offering (IPO) into research…

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China’s fever for AI chip stocks persists as MetaX draws more investors than Moore Threads

Shanghai-based chip firm MetaX Integrated Circuits has emerged as the latest star in mainland China’s stock market, with the graphics…

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Hong Kong’s biggest crypto exchange HashKey wins listing nod in test of investor appetite

Crypto exchange operator HashKey Holdings has cleared its Hong Kong listing hearing after an earlier confidential filing, paving the way…

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3SBio spin-off Mandi banks on hair-loss and weight-loss drugs in Hong Kong IPO bid

Mandi, the Alibaba Health-backed consumer healthcare arm being spun off from mainland drug maker 3SBio, filed for an initial public…

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China’s Unitree Robotics completes pre-IPO tutoring for onshore listing

Unitree Robotics, one of China’s leading humanoid robot manufacturers, has completed its pre-initial public offering (IPO) tutoring process, a major…

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Chinese aluminium smelter rides Hong Kong IPO wave with US$707 million fundraising

Chinese aluminium smelter Chuangxin Industries Holdings aims to raise as much as HK$5.5 billion (US$707 million) in an initial public…

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Morgan Stanley faces US scrutiny over Zijin Gold’s Hong Kong IPO

Morgan Stanley’s underwriting of Zijin Gold International’s Hong Kong initial public offering (IPO) placed it and its US investors at…

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Rising China robotics star AgiBot restructures in potential bid to join IPO race

Chinese robotics firm AgiBot has rejigged its corporate structure, a move seen as laying the groundwork for an initial public…

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New Business

Shein eyes US$2 billion profit in 2025 despite Trump tariffs and French ban

Shein Group has told investors that it is expecting a bumper US$2 billion in net income in 2025, after higher…

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