Tong Ren Tang healthcare unit pulls Hong Kong IPO scheduled for Monday

    Tong Ren Tang healthcare unit pulls Hong Kong IPO scheduled for Monday

    Beijing Tong Ren Tang Healthcare Investment, a provider of healthcare services based on traditional Chinese medicine, postponed its Hong Kong initial public offering (IPO) on Friday, citing “prevailing market conditions” and other factors. The company was one of six trading debuts slated for Monday, including an exchange-traded fund (ETF) and firms involved in AI and…

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    Chinese tech firms rush to list in Hong Kong to fund overseas expansion

    Chinese tech firms rush to list in Hong Kong to fund overseas expansion

    Some of the mainland firms currently looking to list in the city include China Micro Semicon (Shenzhen), Suzhou Dongshan Precision Manufacturing and Mech-Mind Robotics Technologies. “The Hong Kong market has had a strong rally this year, with international investors chasing mainland technology companies, particularly semiconductor, AI and robotics companies,” said Tom Chan Pak-lam, permanent honorary…

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    Chinese tech firms rush to list in Hong Kong to fund overseas expansion

    Chinese tech firms rush to list in Hong Kong to fund overseas expansion

    Some of the mainland firms currently looking to list in the city include China Micro Semicon (Shenzhen), Suzhou Dongshan Precision Manufacturing and Mech-Mind Robotics Technologies. “The Hong Kong market has had a strong rally this year, with international investors chasing mainland technology companies, particularly semiconductor, AI and robotics companies,” said Tom Chan Pak-lam, permanent honorary…

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