IPO

New Business

Auntea Jenny shares jump 68.5% in Hong Kong debut as traders return to city’s IPO frenzy

Shares of Chinese bubble-tea chain Auntea Jenny surged by two-thirds in their Hong Kong trading debut on Thursday, adding to…

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New Business

Hong Kong to offer ‘tailored guidance’ for specialist tech firms seeking IPOs

Hong Kong’s market watchdog and stock exchange operator have set up a special communication channel and a new confidential filing…

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New Business

Xpeng-backed Breton, a maker of EV dump trucks, plans US$30 million Hong Kong IPO

Breton Technology, backed by Chinese electric vehicle maker Xpeng, plans to raise HK$234 million (US$30 million) from its Hong Kong…

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New Business

Fifth time lucky? Chinese restaurant chain Green Tea makes another Hong Kong IPO attempt

Mainland Chinese restaurant chain Green Tea Group has received approval from the Hong Kong stock exchange for an initial public…

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New Business

JD Industrials, Unisound AI revive Hong Kong IPOs as Chinese listings accelerate

E-commerce giant JD.com’s industrial unit could raise US$500 million to US$1 billion from its third attempt to list in Hong…

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New Business

Hong Kong’s SFC tells brokers to end ‘imprudent, aggressive’ IPO financing practices

Hong Kong’s market watchdog has asked the city’s stock brokerages to clean up their act in funding their clients in…

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New Business

BYD raises up to US$5 bln in its biggest post-IPO funding for research and global growth

China’s largest electric vehicle (EV) maker BYD plans to raise up to HK$40.7 billion (US$5.05 billion) in a primary share…

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New Business

Shein faces investor pressure to slash valuation to US$30 billion, sources say

Chinese fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with…

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New Business

Hong Kong’s market watchdog reviews 8 brokerages amid IPO oversubscription frenzy

Hong Kong’s market watchdog has launched a review of eight brokerages to examine their margin financing practices after witnessing heavy…

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New Business

Hong Kong to ease IPO rules for mainland Chinese firms in boost for global ambitions

Hong Kong’s financial regulators have pledged to ease listing requirements for mainland Chinese companies, as they eye the city’s stock…

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