Chinese bubble tea maker Mixue Group plans to raise about US$500 million from its Hong Kong initial public offering (IPO) after peer Guming Holdings completed a US$232 million upsized share sale in the city. Mixue, China’s largest freshly made drinks firm, would begin book-building by the end of this month and list on the Hong…
CAMERON LOUISIANA – JUNE 7: A large liquified natural gas transport ship sits docked in the … [+] Calcasieu River on Wednesday, June 7, 2023, near Cameron, La. (Jon Shapley/Houston Chronicle via Getty Images) Houston Chronicle via Getty Images Shares of liquefied natural gas (LNG) exporter Venture Global, Inc. began trading on the New York…
Jan 22, 2025 In a strategic move to boost its global expansion efforts, GEM, a Shenzhen-listed company specializing in recycling batteries, electronic waste, scrapped cars, and waste plastics, is seeking to list its shares in Hong Kong. According to the South China Morning Post, this decision aims to enhance GEM’s international funding capabilities and global…
Shares of Chinese toymaker Bloks Group surged as much as 82 per cent in their Hong Kong market debut after its initial public offering (IPO) attracted huge demand from retail and institutional investors. The shares first changed hands at HK$109.60 versus the IPO price of HK$60.35 when trading began at 9.30am local time. They rose…
A man walks out of the building where the headquarters of Kioxia, the world’s third largest manufacturer of NAND flash memory chips, is located in central Tokyo on August 23, 2024. Richard A. Brooks | Afp | Getty Images Shares of Japan computer memory manufacturer Kioxia rose 2.69% on its debut in Tokyo after the…
Hong Kong is a key beneficiary of mainland China’s high household savings rate. A spillover of capital into Hong Kong from the mainland’s overflowing reservoir of household savings could provide much-needed relief for Hong Kong, which is struggling with protracted economic and geopolitical uncertainties. While the mainland is subjected to capital controls, Hong Kong is…
China envisions Hong Kong’s capital markets as a beacon of prosperity, having lifted the city out of social chaos in June 2020. This week, Beijing backed that goal with vocal support at an investment summit attended by CEOs of global banks and money managers. Do global investors share the optimism? The question has never been…
The maker of electric loaders and dump trucks is reportedly aiming to raise about $200 million from its listing, which could value it at $1 billion or more Key Takeaways: Breton Technology has filed for a Hong Kong IPO, reporting strong growth for its business making and selling electric-powered loaders and dump trucks The company…
Chinese autonomous driving company WeRide listed on the Nasdaq on Friday, Oct. 25, 2024. China News Service | China News Service | Getty Images BEIJING — Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise investor optimism over…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Qi Wang, Chief Investment Officer of UOB Kay Hian Wealth Management, says “big money” hasn’t returned to Hong Kong yet, despite recent strength and new listings on the market. Source link