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03.07.25 - 08:42
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AirPod maker Luxshare next to plan IPO in Hong Kong as pipeline swells (SCMP)
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Luxshare Precision Industry, which supplies Apple's AirPods and some iPhone models, plans to sell new shares in Hong Kong in what could be one of the 10 biggest tech listings this year after Beijing opened the door for more companies to raise capital offshore.
The Shenzhen-listed firm said its listing plan was to improve overseas financing capabilities and accelerate global expansion, according to its exchange filing on Thursday. The firm is said to be seeking more than US$1 billion from its......
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02.07.25 - 01:37
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Regulatory curbs hurt mainland China IPOs, ceding first-half crown to Hong Kong (SCMP)
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Mainland China's three stock exchanges had a sluggish first half, raising a third of the bounty from initial public offerings (IPOs) in Hong Kong, due to a regulatory crackdown that has hobbled fundraising since August 2023 and left the primary market in the lurch.
Some 50 companies raised a combined 33.6 billion yuan (US$4.7 billion) by selling new shares on the nation's three exchanges, according to data compiled by Bloomberg. That was a third of the US$13.5 billion raised on the Hong Kong......
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30.06.25 - 11:12
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Back at No 1: Hong Kong′s first-half IPOs soar eightfold to US$13.5 bn (SCMP)
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Funds from Hong Kong's initial public offerings (IPOs) have soared eightfold in the first six months of 2025 from last year, propelling the city to the top of global rankings for the first time since 2019.
A total of 42 companies raised US$13.5 billion on the Main Board of the Hong Kong stock exchange during the first half, according to data released on Monday by the London Stock Exchange Group (LSEG). Nasdaq was in second place with US$8.85 billion raised, while the New York Stock Exchange......
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30.06.25 - 07:24
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Zijin buys Kazakhstan gold mine ahead of overseas unit′s Hong Kong IPO (SCMP)
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Zijin Mining, one of China's largest miners of gold and copper, struck a deal to buy a project in Kazakhstan for US$1.2 billion ahead of a planned listing of its international unit on Hong Kong's stock exchange.
In a statement to the Hong Kong bourse on Monday, the company said the deal would increase its gold reserves and output and help it become one of the world's top three producers by 2028, up from sixth last year.
The deal would also “significantly enhance the asset scale, profit level and......
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30.06.25 - 02:36
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Hong Kong′s IPO dominance leaves Singapore grasping for lost allure (SCMP)
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Hong Kong's vast lead over Singapore as a listing venue appears unassailable, with even the Southeast Asian city's home-grown companies heading north to raise funds, but the city state remains determined to improve its allure, according to bankers and analysts.
IFBH, a Singapore-incorporated Thai firm that is the world's second-largest bottler of coconut water, started trading on the Hong Kong stock exchange on Monday after completing a HK$1.16 billion (US$147 million) initial public offering......
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26.06.25 - 03:54
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Richard Li′s FWD files for Hong Kong listing amid slew of jumbo IPO deals (SCMP)
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FWD Group, the pan-Asian insurer founded by Richard Li, launched its long-delayed Hong Kong initial public offering (IPO) plan, seeking to raise as much as HK$3.99 billion (US$512 million) in gross proceeds amid a slew of jumbo deals in the city.
The company is selling 91.34 million shares at HK$38 each, with an option to upsize it to 105 million shares via an overallotment option, according to its filing to the stock exchange on Thursday. The pricing pegs its market capitalisation at HK$48.3......
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25.06.25 - 01:30
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Hong Kong investors hit jackpot in city′s IPO boom (SCMP)
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A blistering recovery in Hong Kong's initial public offering (IPO) market this year has delivered a bonanza for investors, with returns above 30 per cent bucking a sluggish economy and languid property market.
Holding new shares from the 34 companies that have pulled off offerings in 2025 would generate an average return of 34 per cent, according to Bloomberg data. Even selling the stocks upon their debuts would have fetched a 10 per cent gain, the data showed.
The eye-popping returns have......
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17.06.25 - 10:12
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Hong Kong IPO pipeline swells as Geely-backed ride-hailing platform enters fray (SCMP)
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Hong Kong's initial public offering (IPO) market is heating up with a growing number of high-profile listings in the pipeline, including CaoCao, a ride-hailing platform backed by Geely, and Zhejiang Sanhua Intelligent Controls, a parts supplier to Tesla.
Firms from the mainland are seeking to tap into the city's capital markets as global investors diversify their portfolios away from US assets, injecting fresh liquidity into Hong Kong.
On Tuesday, CaoCao, operator of the mainland's......
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