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IPO News

MICROTECH MED-B (02235.HK) Public Offer Oversubscribed by 5.79x; One-lot Success 80.01%
18/10/2021 08:34
Biotechnology company MICROTECH MED-B (02235.HK), which specializes in providing monitoring medical equipment for diabetes treatment and diabetes, announced to offer 63.5295 million shares globally, with 10% of them being the Hong Kong public offer section. The section was oversubscribed by approximately 5.79x. One-lot (100 shares) success rate is 80.01%. The listing of the shares of the company will begin tomorrow (19th).
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

WM Tech Reportedly Halts HK IPO Plan
15/10/2021 10:32
Chinese supermarket chain operator, WM Tech Corp., has shelved its plan for a USD1 billion Hong Kong IPO, reported Bloomberg News, citing sources. Previous media reports have suggested that HKEX (00388.HK) +5.200 (+1.125%) Short selling $273.18M; Ratio 24.688% has been making inquiries about the company's business operation, causing possible delay for its IPO project.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-10-15 12:25.)
AAStocks Financial News
Source: AAStock

Leapmotor Said to List in HK To Raise At Least US$1B Next Yr Soonest
15/10/2021 09:53
Leapmotor mulls over listing in Hong Kong as soon as next year to raise at least US$1 billion, Bloomberg citing insiders. The Chinese EV maker is now having initial discussions with financial advisers. Its backers include Zhejiang Dahua Technology and Sequoia Capital.
AAStocks Financial News
Source: AAStock

SF Holding Gains Approval for Spin-off, HK Listing of Intra-city Industrial
15/10/2021 09:51
SF Holding (002352.SZ) -0.74 (-1.117%) announced that Intra-city Industrial, its subsidiary which handles the instant delivery operation, has obtained an approval from the China Securities Regulatory Commission (CSRC) to issue no more than 231 million H-shares. Upon the completion of the H-share issuance, the company's shares will be allowed to be listed on the main board of the Hong Kong Stock Exchange, the announcement added.
(A Shares quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

SH Cafe Chain Manner Coffee Purportedly Weighs HK IPO Next Yr
13/10/2021 15:15
Manner Coffee, a Shanghai cafe chain backed by ByteDance and MEITUAN-W (03690.HK) 0.000 (0.000%) Short selling $1.20B; Ratio 15.753% 's venture arm, plans to float on Hong Kong stock market as soon as next year, with the fundraising amount being likely US$300 million at least, Bloomberg cited sources.
The related discussion is purportedly at preliminary stage, where the fundraising scale and timetable remain undecided. Sources added that the company had talked with investment banks.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-10-12 16:25.)
AAStocks Financial News
Source: AAStock

ABBISKO-B (02256.HK) Priced at Top End $12.46, One-lot Success Rate 13.22%
12/10/2021 08:57
ABBISKO-B (02256.HK), to debut tomorrow (13th), fixed its offer price at $12.46, the upper limit of the range $12.16-12.46. The company recorded an over-subscription of 4.64 times in the public offering. One-lot success rate was 13.22%.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Clover Biopharmaceuticals Reportedly Clears US$300M HK Listing Hearing
11/10/2021 17:37
Clover Biopharmaceuticals has cleared the listing hearing of the Hong Kong Stock Exchange, and started the pre-listing roadshow, with the joint sponsors being Goldman Sachs and CICC, IFR reported. The company plans to raise US$300 million through HK IPO with the proceeds to be used in R&D, production and commercialization of core products.
AAStocks Financial News
Source: AAStock

Xiaohongshu On Rumored HK IPO: Contact with Capital Mkt Ongoing, Yet without Clear Plan
11/10/2021 15:36
Xiaohongshu, a social networking and e-commerce platform in China, considers to relocate its listing from the U.S. to Hong Kong and raise at least US$500 million, foreign media cited sources. Sina Tech cited the company's response that the latter will keep in touch with capital market by phases but it has had no definitive IPO plan so far.
Xiaohongshu's early investors included BABA-SW (09988.HK) +12.000 (+7.717%) Short selling $1.98B; Ratio 26.380% and TENCENT (00700.HK) +12.400 (+2.574%) Short selling $677.47M; Ratio 8.414% , whilst Adrian Cheng also participated in the D round of financing, according to sources.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-10-11 12:25.)
AAStocks Financial News
Source: AAStock

Horizon Robotics Purportedly Picks HK in Snub to US; IPO Next Yr Soonest
08/10/2021 17:51
Horizon Robotics, China's AI chip startup, is pondering on relocating its IPO from the U.S. to Hong Kong, Bloomberg cited sources. In talks with advisers, the company is planning to float as swift as next year.
Earlier market sources had suggested that the fundraising may scale as much as US$1 billion in its proposed U.S. listing.
AAStocks Financial News
Source: AAStock

MICROTECH MED-B (02235.HK) Int'l Placing Fully Subscribed: Wire
07/10/2021 18:00
MICROTECH MED-B (02235.HK)'s international placing has recorded full subscription already, IFR cited people with the knowledge of the matter.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL (02217.HK) Closes at $3.08, Down 7.5% vs Listing Price
07/10/2021 16:12
TAM JAI INTL (02217.HK) -0.250 (-7.508%) , on debut, closed at $3.08, down 25 cents or 7.5% against the listing price of $3.33, on volume of 227 million shares and turnover of over $700 million. Excluding handling fee, the book loss was $250 per board lot size of 1,000 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Alibaba-backed 'Indian Alipay' Paytm Mulls to Choose Investors for IPO
07/10/2021 15:52
Indian payment company Paytm is currently in talks with the likes of Abu Dhabi Investment Authority (ADIA), Government of Singapore Investment Corp (GIC), BlackRock and Nomura, for the selection of anchor investors for its upcoming IPO, reported Bloomberg News, citing sources. The company is considering to seek a valuation of approximately USD20-22 billion.
Paytm has filed the preliminary prospectus of its IPO in July but is still waiting for the approval from the Securities and Exchange Board of India, the sources added. Paytm's shareholders include SoftBank Group, Warren Buffett's Berkshire Hathaway and BABA-SW (09988.HK) +10.000 (+7.283%) Short selling $298.90M; Ratio 13.377% 's Ant Group.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-10-07 12:25.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL (02217.HK) Opens Low at $3, Down 9.9%
07/10/2021 09:23
TAM JAI INTL (02217.HK) -0.260 (-7.808%) opened at $3 on its debut day, down 9.9% against its listing price of $3.33, on a volume of 47.91 million in pre-market orders. The stock closed at $3.12 in the gray market, down 6.3% against its listing price.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL (02217.HK) Ends at $3.12 in Gray Mkt, Down 6.3% vs Listing Price
06/10/2021 18:31
TAM JAI INTL (02217.HK), which is set to debut tomorrow (7th), closed at $3.12 in gray market, down 6.3% or $0.21 against the listing price of $3.33, on volume of 16.9 million shares and turnover of $51.7 million, PhillipMart data showed. Excluding handling fee, the book loss was $210 per board lot size of 1,000 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

iQIYI Reportedly Mulls Secondary Listing in HK by Yr End Earliest to Raise USD500M Min
06/10/2021 17:30
BIDU-SW (09888.HK) -0.500 (-0.348%) Short selling $71.50M; Ratio 23.945% (BIDU.US) 's Chinese video platform iQIYI, Inc. (IQ.US) is weighing a secondary listing in Hong Kong by the end of this year at the earliest and is targeting to raise at least USD500 million through the listing, reported Bloomberg News. The company has tapped CLSA, Bank of America and Goldman Sachs as responsible investment banks.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-10-06 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

ABBISKO-B (02256.HK) Seeks to Price at Top End $12.46/ Shr: Report
06/10/2021 16:51
ABBISKO-B (02256.HK) plans to fix its offer price at $12.46 each, the upper limit of the range $12.16-12.46, IFR citing insiders. The biopharma is expected to raise around $1.75 billion.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

MICROTECH MED-B (02235.HK) Starts IPO Today; Entry Fee $3,146.39
06/10/2021 09:20
Biotechnology company MICROTECH MED-B (02235.HK), which specializes in diabetes treatment and diabetes monitoring medial equipment, fired up its IPO today, offering 63.5295 million shares, with 10% of them being the Hong Kong public offer section. The offer price ranges between $27.7-31.15 per share. Entry fee is $3,146.39 with a board lot size of 100 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL Public Offer Section Oversubscribed by Over 28x; IPO Priced at Lower End; One-lot Success Rate 7.14%
06/10/2021 08:38
TAM JAI INTL (02217.HK) announced to have priced its IPO at the lower end of its offer price range (between $3.33-$4.17), at the final offer price of $3.33 per share. The public offer section was oversubscribed by 28.58x. One-lot (1,000 shares) success rate is 7.14%.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TENCENT-backed Futu Holdings Reported to File for HK Secondary Listing This Week Earliest
05/10/2021 17:30
Futu Holdings Limited (FUTU.US) , the parent company of the TENCENT (00700.HK) -7.000 (-1.532%) Short selling $376.58M; Ratio 7.054% -backed online broker Futu Securities, is planning to file an application for a secondary listing in Hong Kong this week or next week, reported IFR under Reuters, citing people familiar with the matter.
Previous media reports suggested that Futu Holdings will submit a confidential listing application in near-term, and is targeting to raise approximately USD700 million through the listing.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-10-05 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

Lomon Billions (002601.SZ) Files for HK IPO to Lure USD1.5B Max: Report
04/10/2021 14:13
China's industrial chemical group Lomon Billions (002601.SZ) +0.93 (+3.348%) has recently filed an application to the Stock Exchange for the listing of its shares on the main board, with its joint sponsors being CICC, CMB International, Guotai Junan International and GF Capital. The group is estimated to raise USD1-1.5 billion through this IPO in Hong Kong, reported foreign media, citing sources.
(A Shares quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Jay Chou's IP New Retail Operator Star Plus Legend Files HK Listing Application
04/10/2021 10:15
China's new retail operator Star Plus Legend has filed a listing application to the Stock Exchange, with its sponsor being CMBC Capital.
Jay Chou's mother, Yeh Hui-me, is one of the founders and controlling shareholders of Star Plus Legend and holds approximately a 27.6% pre-listing stake in the company together with another founder Yang Jun Rong.
Star Plus Legend entered into a 10-year IP licensing agreement with Jay Chou’s artist management company JVR Music.
AAStocks Financial News
Source: AAStock

TENCENT-backed Linmon Media Reportedly Mulls USD300M HK IPO
30/09/2021 16:08
China's Linmon Media has applied for the listing of its shares on the main board of the Hong Kong Stock Exchange with its joint sponsors being Morgan Stanley and CICC. Linmon Media is targeting to raise approximately USD300 million through this IPO, reported IFR under Reuters, citing sources.
According to the shareholding structure of Linmon Media, TENCENT (00700.HK) -3.600 (-0.774%) Short selling $616.68M; Ratio 7.751% holds a stake of about 19.78% in the company through Tencent Mobility.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-30 16:25.)
AAStocks Financial News
Source: AAStock

Data Shows Global Mkt Tracks Highest IPO Number in 1-3Q21 Since Dotcom Bubble in 2000
30/09/2021 14:16
The global market has recorded the highest number of IPOs for the first three quarters of this year since the dotcom bubble in 2000, despite that the pace of IPO launch has somewhat slowed down in 3Q21, reported Reuters, citing data from Refinitiv.
The IPO fundraising amount for 3Q21 amounted to USD94.6 billion, down 26.3% QoQ. The aggregate IPO fundraising amount throughout the first three quarters of this year, on the other hand, reached a record new high of USD421 billion, the data illustrated.
AAStocks Financial News
Source: AAStock

ABBISKO-B (02256.HK) Starts IPO Today; Entry Fee $25,171.12
30/09/2021 11:34
Clinical-stage biopharmaceutical company ABBISKO-B (02256.HK) fired up its IPO today, which will last until next Wednesday (6 October). The company intends to offer 141 million shares, with 10% of them being the Hong Kong public offer section. The offer price ranges between $12.16 and $12.46. Entry fee is $25,171.12 with a board lot size of 2,000 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

EY Projects HK 4Q IPO Events to Revive from 3Q Ebb
30/09/2021 10:50
Ernst & Young published a global IPO review report for 1-3Q21, highlighting the global IPO market kept flourishing in 3Q, with 547 IPO transactions and a total fundraising of US$106.3 billion. The total number of global IPOs in 1-3Q reached 1,635 cases, with a total fundraising of US$330.7 billion, up 87% and 99% YoY respectively, toppling the total amount of last year.
Ringo Choi, EY's Asia-Pacific IPO Leader, commented that the HK IPO market was weak in August and September. Taking into account that August is often a low season, it is expected that the IPO activities will revive from bearishness in 4Q. While IPO events in Greater China continued to hike, Chinese companies hit impasse in their U.S. flotation during the period.
AAStocks Financial News
Source: AAStock

PRU (02378.HK) Public Offer Oversubscribed 0.43x; One-lot Success Rate 100%
30/09/2021 09:59
PRU (02378.HK) -0.900 (-0.600%) Short selling $15.00K; Ratio 5.240% , to debut next Monday, plans to offer around 131 million shares. The public offer section was subscribed by 1.43 times. All subscribers are allotted at least one lot.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-29 16:25.)
AAStocks Financial News
Source: AAStock

SenseTime Group: Arm Beijing SenseTime Added to US Entity List
29/09/2021 16:04
One of SenseTime Group's subsidiaries, Beijing SenseTime, was added to the U.S. Entity List by the Bureau of Industry and Security (BIS) in October 2019, which restricts its ability to purchase or otherwise access certain goods, software and technology and may adversely affect its business, financial condition and results of operations, according to its prospectus.
AAStocks Financial News
Source: AAStock

DRCB (09889.HK) Closes at $7.5 at Midday, Down 5.3% vs Listing Price
29/09/2021 12:08
DRCB (09889.HK) -0.420 (-5.303%) opened high by 1% on its debut day but reclined afterwards due to lack of support. The stock closed at $7.5 by midday, down 5.3% against its listing price of $7.92. The half day volume amounted to 20.137 million shares, involving $144 million.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

CONCH VENTURE Plans to Spin-off, List Conch Environment by Introduction
29/09/2021 09:48
CONCH VENTURE (00586.HK) -0.050 (-0.138%) Short selling $84.95M; Ratio 31.336% announced that the Company proposes to spin-off and separately list the shares of Conch Environment, a wholly-owned subsidiary of the Company, on the Main Board by way of introduction, which will be implemented through a distribution in specie to the Shareholders, in proportion to their respective shareholding in the Company.
Conch Environment filed a listing application yesterday (28th), with HSBC and CICC as joint sponsors.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-28 16:25.)
AAStocks Financial News
Source: AAStock

DRCB (09889.HK) Ends at $7.5 in Gray Mkt, Down 5.3% vs Listing Price
28/09/2021 18:37
DRCB (09889.HK), which will debut tomorrow, closed at $7.5 in gray market, down 5.3% or 42 cents against the listing price of $7.92, on volume of 1.83 million shares and turnover of $14 million, PhillipMart data showed. Excluding handling fee, the book loss was $420 per board lot size of 1,000 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

DRCB (09889.HK) Opens Low at $7.52 in Gray Mkt, Down 5%
28/09/2021 16:17
DRCB (09889.HK), which will debut tomorrow, opened low at $7.52 in the gray market, down 5%; last posted $7.62, down 3.8% against its listing price of $7.92, on a volume of 110,000 shares, PhillipMart data showed.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL (02217.HK) Prices IPO Shr Below Median
28/09/2021 16:04
TAM JAI INTL (02217.HK) intends to price its IPO share at the lower half of range, wire reported. As the company's listed price range is between $3.33-4.17 per share, the set price will range $3.33-3.75.
The stock is expected to be listed on 7 October, with Guotai Junan as the sole sponsor.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TRANSCENTA-B (06628.HK) Priced at Top End $16, One-lot Success Rate 15%
28/09/2021 08:44
TRANSCENTA-B (06628.HK) fixed its offer price at $16, the upper limit of the offer price range $15.8-16.
The company recorded an over-subscription of 60.7 times in the public offering. One-lot success rate was 15%.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

DRCB (09889.HK) Priced at Low End $7.92; Public Offering Undersubscribed
28/09/2021 08:38
DRCB (09889.HK) announced that the Offer Shares initially offered under the Hong Kong Public Offering have been undersubscribed. Approximately 0.22 times of the total number of H Shares initially available for subscription under the Public Offering have been subscribed. One-lot success rate was 100%.
The Offer Price was fixed at $7.92 per share, i.e. the lower limit of the offer price range $7.92-8.71.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL Margin Subscription Rises to $1.64B, Public Offer Oversubscribed by 10.7x
27/09/2021 17:50
TAM JAI INTL (02217.HK) has recorded a margin subscription of about $1.64 billion as at about 5:30pm, up around $40 million from last Friday's sum, according to data from brokers. The public offer section is oversubscribed by approximately 10.7 times.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

MICROPORT's MicroPort MedBot Reportedly Mulls HK IPO to Raise USD1B Max.
27/09/2021 12:22
MICROPORT (00853.HK) +0.700 (+1.400%) Short selling $28.60M; Ratio 6.535% 's subsidiary Shanghai MicroPort MedBot is weighing a Hong Kong IPO and may seek to raise USD700 million to USD1 billion through listing, reported Bloomberg News, citing people familiar with the matter. Details such as the concrete timeframe and the fundraising amount, however, are still being discussed initially and may see certain changes, the sources added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-24 16:25.)
AAStocks Financial News
Source: AAStock

Futu Holdings Purportedly Plans for HK Secondary Listing This Yr
27/09/2021 10:58
Futu Holdings (FUTU.US) , the parent company of Futu Securities which is backed by
TENCENT (00700.HK) +10.600 (+2.303%) Short selling $737.92M; Ratio 9.546% , is planning to come to Hong Kong for a secondary listing, foreign media reported. In preparation for listing, Futu Holdings is expected to submit a confidential listing application shortly, targeting to float by the year end.
Goldman Sachs and UBS are purportedly responsible for the listing, which may raise approximately US$700 million. Futu responded that they have noticed some changes and trends in the capital market recently, and are actively conducting research and comprehensive evaluation for this.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-24 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

TENCENT-backed MicroTech Medical Starts USD300M HK IPO Pre-marketing
27/09/2021 10:47
MicroTech Medical has initiated the pre-marketing of its Hong Kong IPO, which is estimated to raise approximately USD300 million, with its joint sponsors being CICC and Goldman Sachs, IFR under Reuters, citing people familiar with the matter.
Lilly Asia Ventures (LAV), CICC, CHINA EB LTD (00165.HK) +0.030 (+0.328%) Short selling $11.18M; Ratio 30.869% and TENCENT (00700.HK) +9.800 (+2.130%) Short selling $737.92M; Ratio 9.546% are among the investors of MicroTech Medical, according to the information of the shareholding structure from the company.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-24 16:25.)
AAStocks Financial News
Source: AAStock

PRU (02378.HK) Public Offering Priced at $143.8/ Shr; Estimated to Raise $18.5B
27/09/2021 08:16
PRU (02378.HK) 0.000 (0.000%) Short selling $15.07K; Ratio 0.764% announced that the final offer prices for both the public offer and the placing have been set at HK$143.8 per share. Based on the offer price, the net proceeds from the share offer are estimated to be approximately HK$18.5 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-24 16:25.)
AAStocks Financial News
Source: AAStock

PRU (02378.HK) Public Offering Priced at $143.8/ Shr; Estimated to Raised $18.5B
27/09/2021 08:16
PRU (02378.HK) 0.000 (0.000%) Short selling $15.07K; Ratio 0.764% announced that the final offer prices for both the public offer and the placing have been set at HK$143.8 per share. Based on the offer price, the net proceeds from the share offer are estimated to be approximately HK$18.5 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-24 16:25.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL Margin Subscription Grows to $1.6B on 2nd Day; Public Offer Oversubscribed by 10.5x
24/09/2021 17:57
TAM JAI INTL (02217.HK) has recorded a margin subscription of over $1.6 billion as at about 6 pm on the second day of its IPO period, according to data from brokers. The margin amount loaned out by Bright Smart, in particular, stretched from almost $200 million to nearly $280 million. The public offer section is oversubscribed by approximately 10.5x.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Weibo Confidentially Files Application for HK Secondary Listing: Report
24/09/2021 10:36
The U.S.-listed Chinese social media platform Weibo Corporation (WB.US) has confidentially filed the application for a secondary listing in Hong Kong, with the aim to raise a maximum of USD1 billion, reported IFR under Reuters, citing sources.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

JD LOGISTICS-backed ForU Worldwide May Switch to HK Listing: Rumor
24/09/2021 09:38
The intelligent logistic company ForU Worldwide is evaluating the feasibility of halting its U.S. IPO project and switching the listing location to Hong Kong, reported Chinese media, citing people familiar with the matter.
ForU Worldwide has introduced various investors through multiple funding rounds, including JD LOGISTICS (02618.HK) +0.400 (+1.280%) Short selling $3.34M; Ratio 15.666% , GLP, Deppon, Matrix Partners China, etc., according to data from corporate credit platforms.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-24 12:25.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL Receives $1.23B Margin Subscriptions on 1st Day; Public Offer Oversubscribed by 7.8x
23/09/2021 17:31
TAM JAI INTL (02217.HK), the operator of Hong Kong local rice noodle chains TamJai Yunnan Mixian and TamJai SamGor Mixian, has initiated its Hong Kong IPO today (23rd). As at about 5:30 pm, six local brokers have loaned out margins of a total of approximately $1.23 billion, representing an oversubscription of 7.8 times on the public offer section.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

BRONCUS-B (02216.HK) Opens Up 1.6% in Gray Market, Sinks 6.5% Now
23/09/2021 16:37
BRONCUS-B (02216.HK), whose shares will be listed tomorrow (24th), opened at $19 in gray market, up 1.6% against the listing price of $18.7, and last stood at $17.48, down 6.52% against the listing price, on turnover of $13.3 million, PhillipMart data showed.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL (02217.HK): Focuses on Development of 2 Existing Brands; No Plans for Price Hike
23/09/2021 12:47
TAM JAI INTL (02217.HK) started its Hong Kong IPO today (23rd). The company expressed that over half of the raised proceeds will be utilized in opening 173 new stores in Hong Kong, China, Japan, Singapore and Australia over the coming three years.
TAM JAI INTL's chairman and CEO, Daren Lau, expressed that the company will focus on developing the two existing brands in both local and overseas markets and has no plan to increase the prices at the moment.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

BRONCUS-B (02216.HK) Public Offer Oversubscribed 10x; One-lot Success Rate 6.58%
23/09/2021 08:59
BRONCUS-B (02216.HK)'s offer price was fixed at the upper end, i.e. $18.7 per share. The Hong Kong public offer section was oversubscribed by roughly 10.13 times. One-lot (500 shares) success rate was 6.58%.
The shares are expected to be listed tomorrow (24 September).
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TAM JAI INTL (02217.HK) Fires Up IPO; Entry Fee $4,212.02
23/09/2021 07:59
Operator of Hong Kong local rice noodle chain TamJai Yunnan Mixian and TamJai SamGor Mixian -- TAM JAI INTL (02217.HK) has fired up its Hong Kong IPO today (23rd), which will last until next Tuesday (28th). The company will offer 335 million shares, with 90% of them being international offer section and the remaining 10% being the Hong Kong public offer section.
TAM JAI INTL's offer price ranges between $3.33-4.17 per share and is expected to raise approximately $1.116 billion to $1.397 billion. Entry fee is about $4,212.02 with a board lot size of 1,000 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

PRU (02378.HK) Offers New Shrs; Intl. Placing Said to be Oversubscribed by Several Times
21/09/2021 11:20
PRU (02378.HK) 0.000 (0.000%) announced to offer approximately 131 million shares, with 5% being the Hong Kong public offer section and the remaining 95% being the international placing. The international offer section is already oversubscribed by several times, reported IFR under Reuters, citing people familiar with the matter.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

PRU (02378.HK) Starts Public Offering Today; Entry Fee $8,686.66
20/09/2021 08:42
PRU (02378.HK) +1.000 (+0.634%) announced the details of its public offering, through which the company intends to offer approximately 131 million shares, with 5% being the Hong Kong public offer section. The highest offer price is $172 per share. Entry fee is $8,686.66 with a board lot size of 50 shares. The public offering period will last from today (20th September) to this Friday (24th September). The public offer shares are expected to start trading on 4th October.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

COUNTRY GARDEN Purportedly Splashes US$1.5B in Wanda Light Asset Commercial Mgmt
16/09/2021 14:46
COUNTRY GARDEN (02007.HK) -0.540 (-7.510%) Short selling $62.44M; Ratio 35.570% invested in Wanda Light Asset Commercial Management, running into approximately US$1.5 billion, Chinese media reported.
Slated for Hong Kong listing by the year end, Wanda Light Asset Commercial Management has wrapped up the pre-IPO financing, capturing almost US$6 billion, according to earlier report. This round of financing purportedly introduced COUNTRY GARDEN, CITIC Capital, TENCENT (00700.HK) -7.000 (-1.544%) Short selling $253.97M; Ratio 4.371% and Ant Group. The valuation is expected to whop US$28 billion as a result of the financing.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-16 12:25.)
AAStocks Financial News
Source: AAStock

BRONCUS-B (02216.HK) Reportedly Prices IPO at Upper End at $18.7
16/09/2021 09:52
BRONCUS-B (02216.HK) is planning to price its IPO at $18.7 per share, which is the upper end of its offer price range of $17.2-18.7, and is estimated to raise proceeds reaching $1.67 billion, reported IFR under Reuters, citing sources.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Wanda Light Asset Commercial Mgmt Wraps up Pre-IPO Financing, Fetching Almost US$6B: Wire
16/09/2021 09:14
Dalian Wanda Group's Wanda Light Asset Commercial Management has wrapped up the pre-IPO financing, capturing almost US$6 billion, marking the largest scale amongst its fellows' financing activities in China this year, Reuters cited people familiar with the matter. The valuation is expected to whop US$28 billion as a result of the financing.
Hong Kong-based private equity firm PAG led the fundraising, offering US$2.8 billion to ring-fence unit, report said. Another sources said this round of financing introduced COUNTRY GARDEN (02007.HK) -0.330 (-4.590%) Short selling $253.89M; Ratio 44.535% , CITIC Capital, TENCENT (00700.HK) -6.000 (-1.323%) Short selling $786.01M; Ratio 4.754% and Ant Group.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-15 16:25.)
AAStocks Financial News
Source: AAStock

DRCB (09889.HK) Fires Up HK IPO Today; Entry Fee $8,797.78
16/09/2021 09:01
DRCB (09889.HK) announced the plan to offer 1.148 billion H-shares, with 10% of them being the Hong Kong public offer. The offer prices range between $7.92-8.71 per share.
Entry fee is about $8,797.78 with a board lot size of 1,000 shares. The IPO will begin today (16th) and last until next Tuesday (21st). The company is expected to go public on 29th.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

CheHaoDuo Denies HK IPO Next Yr
15/09/2021 14:19
CheHaoDuo, a car trading platform in China, is looking at a new around of private financing to capture at least US$100 million, and a flotation on Hong Kong stock market as brisk as next year end, Bloomberg cited people with the knowledge of the matter.
Yet, CheHaoDuo's representative replied that the rumored financing and IPO were fake news.
AAStocks Financial News
Source: AAStock

Hongjiu Fruit Reported to File for HK IPO within This Mth Earliest, Backed by Alibaba, Sunshine Insurance
15/09/2021 11:10
Chinese fruit supply chain management company Hongjiu Fruit is planning to switch its IPO location to Hong Kong, and will file a Main Board listing application within September at the earliest, reported Chinese media, citing sources.
Hongjiu Fruit's investors include BABA-SW (09988.HK) -3.200 (-2.021%) Short selling $726.03M; Ratio 20.471% , CMC Capital, Sunshine Insurance Group, etc., according to data from the company's official website.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-14 16:25.)
AAStocks Financial News
Source: AAStock

Ximalaya: Unsure if CN Cyber Security Review Rules Apply to HK IPO Applications
14/09/2021 10:39
Chinese online podcasting platform Ximalaya has filed a HK listing application. The company said in its preliminary prospectuses that the Cyber Administration of China is currently requiring operators of online platforms which handle personal information of more than 1 million users to apply for a cyber security review when seeking overseas listing, and that whether such requirement applies to companies seeking HK IPO remains unclear.
AAStocks Financial News
Source: AAStock

Ximalaya Files for HK Listing; Company Backed by Tencent, China Lit, Xiaomi, Sony Music
14/09/2021 10:23
Chinese online podcasting platform Ximalaya has filed a listing application in Hong Kong, with its joint sponsors being Goldman Sachs, Morgan Stanley and CICC.
TENCENT (00700.HK) +1.200 (+0.251%) Short selling $602.58M; Ratio 4.553% holds a stake of approximately 5.4% in the company through Image Frame Investment; CHINA LIT (00772.HK) -1.250 (-1.823%) Short selling $37.83M; Ratio 35.378% holds a stake of about 3.1%; XIAOMI-W (01810.HK) +0.050 (+0.214%) Short selling $1.26B; Ratio 33.099% holds a stake of about 3.4% and Sony Music likewise has a shareholding interest of 1.45%, according to preliminary prospectuses.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-13 16:25.)
AAStocks Financial News
Source: AAStock

Tam Jai Int'l Clears HK Listing Hearing; Per Capita Spending $58.4, Flat YoY
14/09/2021 10:01
Tam Jai International, the operator of local noodle restaurant brands TamJai Yunnan Mixian and TamJai SamGor, has advanced the listing hearing of the Hong Kong Stock Exchange. Wire had previously reported that Tam Jai International will capture approximately US$100 million.
The PHIP showed that the average daily income of restaurants in the previous year reached $37,400, a year-on-year drop of nearly 8%; and the per capita consumption of customers was flat year-on-year, amounting to $58.4.
AAStocks Financial News
Source: AAStock

Heytea Denies Rumors of USD500M HK IPO Next Yr
14/09/2021 09:45
Chinese tea chain Heytea is preparing for a Hong Kong IPO next year at the earliest and has been in talks with investment banks such as UBS, with the aim to raise over USD500 million, reported Bloomberg News, citing sources.
Heytea, however, denied said rumors and remarked that it has no plan for listing at the moment.
AAStocks Financial News
Source: AAStock

TRANSCENTA-B (06628.HK) Fires Up HK IPO Today; Entry Fee $8,080.62
14/09/2021 09:27
TRANSCENTA-B (06628.HK) announced the details of its Hong Kong IPO, through which the company will offer 40.33 million shares, with 10% of them being the Hong Kong public offer and the remaining 90% being the international offer.
The offer prices range between $15.8-16 per share. The IPO will begin today (14th) and last until this Friday (17th). Entry fee is about $8,080.62 with a board lot size of 500 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TPG-backed Novotech Health Reportedly Halts HK IPO
14/09/2021 09:13
The biotechnology company Novotech Health, majorly backed by the U.S. private equity fund TPG, is considering to pause its Hong Kong IPO, in light of the recent volatile market environment, reported Bloomberg News, citing sources.
AAStocks Financial News
Source: AAStock

Tianqi Lithium (002466.SZ) Board Agrees H-shr Issue
14/09/2021 07:38
Tianqi Lithium (002466.SZ) -4.32 (-3.280%) announced that the board of directors considered and approved the company’s issuance of H shares and its application for listing on the Main Board of the Hong Kong Stock Exchange. The number of H shares issued this time shall not exceed 20% of the total share capital of the company after the issuance (before the over-allotment right is exercised) or the minimum issuance ratio requirement of the listing place (the higher of the two).
(A Shares quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Hanyu Medical Tech Clears HK Listing Hearing
13/09/2021 17:46
Shanghai Hanyu Medical Technology advanced the listing hearing of the Hong Kong Stock Exchange, with CICC and Citigroup being the joint sponsors.
AAStocks Financial News
Source: AAStock

CN Tea Chain LeleCha To List in HK Next Yr Soonest: Wire
13/09/2021 17:26
LeleCha is in talks with bankers for a Hong Kong listing as soon as next year, Bloomberg citing insiders.
The Shanghai-headquartered company may raise US$300-500 million through an IPO. With talks still in an early phase, the IPO size and timing may be subject to changes. The Chinese tea chain made no comment.
AAStocks Financial News
Source: AAStock

BRONCUS-B (02216.HK) Starts IPO Today; Entry Fee $9,444.22
13/09/2021 09:49
BRONCUS-B (02216.HK) plans to offer 89.355 million shares from 13-16 September, of which 10% will be the Hong Kong offer section. The offer price ranges between $17.2-18.7 apiece. Entry fee is $9,444.22 with a board lot size of 500 shares.
The listing in the shares is expected to commence on 24 September.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

AIM Vaccine Re-files for Listing, Swings to 1H21 Loss RMB860M
13/09/2021 09:32
AIM Vaccine has recently filed for listing again after being rejected by HKEX (00388.HK) -1.500 (-0.298%) Short selling $319.89M; Ratio 13.351% in July, with Goldman Sachs, CICC, China Securities International and Macquarie as joint sponsors.
The Chinese vaccine company recorded roughly RMB863 million in net loss for the first half of 2021, against net profit of RMB885 million in the year-ago period, according to the prospectus. This resulted primarily from a one-off share-based compensation expense of RMB897 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-10 16:25.)
AAStocks Financial News
Source: AAStock

TENCENT-backed Ximalaya to File for HK IPO Next Week, Seeks Debut by Yr End: Report
10/09/2021 17:24
TENCENT (00700.HK) +10.000 (+2.083%) Short selling $541.74M; Ratio 3.112% -backed Chinese largest online podcasting platform Ximalaya will file an application for Hong Kong IPO next week, reported Reuters, citing three people familiar with the matter.
The company is aiming to raise more than USD500 million -- the original target for its abandoned US IPO, and will seek to be listed before the end of the year, the sources added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-10 16:25.)
AAStocks Financial News
Source: AAStock

HELENS (09869.HK) Closes at $24.3, Up 23% vs Listing Price
10/09/2021 16:25
On debut, HELENS (09869.HK) +4.530 (+22.914%) closed at $24.3, up $4.53 or 23% against the listing price of $19.77, on volume of 71.46 million shares and turnover of $1.674 billion. Excluding the handling fees, a book gain of $2,265 was reported per board lot of 500 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

MOHRSS, 3 Other Units Guide Meituan, Baba, Tencent on Labor Rights Protection
10/09/2021 16:15
China's Ministry of Human Resources and Social Security (MOHRSS), Ministry of Transport, State Administration for Market Regulation, and All-China Federation of Trade Unions convened a meeting this morning (10 September) to offer joint administrative guidance to ten leading platform firms including MEITUAN-W (03690.HK) +10.800 (+4.344%) Short selling $948.86M; Ratio 19.483% , Ele.me, DiDi Global Inc. (DIDI.US) , Dada Nexus Limited (DADA.US) , FlashEx, Huolala, Full Truck Alliance Co. Ltd. (YMM.US) , BABA-SW (09988.HK) +6.900 (+4.286%) Short selling $1.05B; Ratio 22.622% and TENCENT (00700.HK) +10.000 (+2.083%) Short selling $541.74M; Ratio 3.112% , according to MOHRSS' Weibo.
Particularly, these firms are required to optimize the labor rights protection system and mechanism, and establish a complaint handling mechanism for healthy laborers.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-10 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

NIO May Push Back HK IPO to Next Yr: Report
10/09/2021 08:22
NIO Inc. (NIO.US) may push back its plan for a Hong Kong IPO to next year, reported Bloomberg News, citing people familiar with the matter. The EV company has already received inquiry from HKEX (00388.HK) +3.400 (+0.691%) Short selling $290.13M; Ratio 20.468% on company structure issues, the report added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-09 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

NIO’s HK IPO Plan May Put off till Next Yr: Wire
09/09/2021 18:48
Nio (NIO.US) may postpone its HK IPO plan till next year, Bloomberg cited people with the knowledge of the matter.
The automaker had previously slated for March this year to apply for the secondary listing in HK, but the listing is now unlikely to complete before early next year.
Sources said Nio had received inquiries from HKEX (00388.HK) -5.800 (-1.165%) Short selling $290.13M; Ratio 20.468% regarding its structure and other matters, including the user trust set up in 2019.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-09 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

HELENS (09869.HK) Up 9.5% After Opening Low at $15.8 in Gray Mkt
09/09/2021 16:51
Chinese pub chain HELENS (09869.HK), which is scheduled to debut on the Stock Exchange tomorrow (10th), opened low at $15.8 in the gray market and has garnered support afterwards. The stock last stood at $21.65, up 9.5% against its listing price of $19.77, on a volume of 6.5 million shares, according to data from PhillipMart.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

HELENS (09869.HK) Public Offer Oversubscribed Nearly 30x; One-lot Success Rate 60%
09/09/2021 08:39
HELENS (09869.HK) planned to issue about 135 million shares, with 10% for Hong Kong public offering. The public offer section was oversubscribed by 29.8 times.
One-lot (500 shares) success rate was 60%. The shares are expected to be listed tomorrow (10 September).
Its offer price was fixed at $19.77 per share, representing the median of its offer price range ($18.82-$20.72).
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

EpimAb Bio Said to Raise US$300M in 2022 HK IPO; Shareholders Incl. Adrian Cheng, Mirae Asset
08/09/2021 15:09
EpimAb Bio plans for a Hong Kong float as soon as next year to raise US$300 million, IFR citing sources.
The Chinese biotech company completed the US$120-million Series C financing round, led by CMB International and Mirae Asset. Participants included Hony Capital, Cormorant Asset Management, Yanchuang Capital, Octagon Capital, Adrian Cheng, ShangBay Capital, etc., according to its official website.
AAStocks Financial News
Source: AAStock

DRC Bank Said to Launch Pre-marketing, May Raise US$1B
08/09/2021 10:00
Dongguan Rural Commercial Bank (DRC Bank) has kicked off pre-marketing today, set to launch an IPO soon, IFR citing insiders. Rumor has it that the bank passed the Stock Exchange's listing hearing, aiming to raise US$1 billion.
AAStocks Financial News
Source: AAStock

Geely Holding's Lotus Tech Seeks US/ HK Listing by 2023 Earliest: Report
07/09/2021 16:35
Geely Holding Group's Lotus Group is considering a spin-off listing in the U.S. or Hong Kong for the recently founded Lotus Technology and is currently formulating the preliminary plan, reported Bloomberg News.
If sales are satisfactory, Lotus Group may initiate the IPO by 2023 at the earliest, with the proceeds raised scheduled for aiding the company to morph into a full EV manufacturer, the report added.
AAStocks Financial News
Source: AAStock

Ji Xing Pharma Said to Float in HK Next Yr, Raise USD300M
07/09/2021 16:20
China's Ji Xing Pharmaceuticals is planning to go public in Hong Kong next year, aiming to raise approximately USD300 million, IFR citing people familiar with the matter.
AAStocks Financial News
Source: AAStock

KE Holdings Denies Rumored Pursuit of HK IPO
07/09/2021 16:17
KE Holdings Inc (BEKE.US) , backed by TENCENT (00700.HK) +10.500 (+2.079%) Short selling $1.05B; Ratio 13.490% and Japan's SoftBank Group, has tapped Goldman Sachs Group, Inc. (GS.US) to lead a float in Hong Kong, Reuters citing two people familiar with the matter.
However, KE Holdings denied seeking a Hong Kong listing in an emailed reply to Reuters.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-07 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

Broncus Approved for USD300M HK Listing: Report
03/09/2021 16:37
Broncus, a Chinese medical company specializing in lung disease treatment, has obtained a listing approval to launch its Hong Kong IPO to raise USD300 million, with Goldman Sachs and Haitong International being the joint sponsors, reported IFR under Reuters, citing sources.
AAStocks Financial News
Source: AAStock

Hot Pot Chain Laowang Files for HK IPO to Raise US$200M: Rumor
02/09/2021 16:49
Cantonese hot pot chain restaurant Laowang filed a listing application with HKEX (00388.HK) +4.200 (+0.850%) Short selling $578.60M; Ratio 22.524% , planning to raise US$200 million in funds, IFR citing sources.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-02 16:25.)
AAStocks Financial News
Source: AAStock

Online Broker I-Access Financial Files for HK Listing; Zero Commission as Baits
02/09/2021 10:28
The Hong Kong local broker I-Access Financial has filed the listing application to the Stock Exchange with its sponsor being Anglo Chinese Corporate Finance.
I-Access has been offering Absolute Zero Commission plan since 2016 for Hong Kong listed securities.
AAStocks Financial News
Source: AAStock

SUNAC (01918.HK) Reportedly Mulls Spin-off HK Listing for Ski Resort Assets
01/09/2021 15:49
SUNAC (01918.HK) +0.150 (+0.754%) Short selling $53.72M; Ratio 19.072% is pondering a potential spin-off and Hong Kong IPO for its ski resort assets, reported Chinese media.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-09-01 12:25.)
AAStocks Financial News
Source: AAStock

CHINA JINMAO Proposes Spin-off Listing of Jinmao Property Development on HK Main Board
31/08/2021 20:46
CHINA JINMAO (00817.HK) -0.010 (-0.394%) Short selling $28.91M; Ratio 27.869% proposed the spin-off and separate listing of its subsidiary Jinmao Property Development Co., Limited on the Main Board of the Stock Exchange of Hong Kong.
The Stock Exchange has confirmed that the Company may proceed with the Proposed Spin-off. The Spin-off Group is principally engaged in the provision of property management services, value-added services to non-property owners and community value-added services in the PRC.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-31 16:25.)
AAStocks Financial News
Source: AAStock

POWERLONG REIT Files for HK Listing Application
31/08/2021 15:38
POWERLONG (01238.HK) +0.330 (+5.518%) Short selling $1.97M; Ratio 29.154% has filed a listing application in relation to the proposed spin-off and separate listing of Powerlong REIT on the main board of the Stock Exchange, with the joint sponsors being CITIC Securities and BOC International.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-31 12:25.)
AAStocks Financial News
Source: AAStock

HELENS (09869.HK) Starts IPO Today; Entry Fee $10,464.4
31/08/2021 09:06
HELENS (09869.HK) plans to issue 135 million shares, of which 10% will be the Hong Kong offer section. The offer price ranges between $18.82-20.72 apiece. Entry fee is $10,464.4 with a board lot size of 500 shares.
The IPO will start from today until this Friday (3 September). The listing in the shares is expected to commence on 10 September.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

CN Tea Drink Chain 'GoodMe' Mulls HK IPO Next Yr to Raise USD300-500M: Report
30/08/2021 16:49
Sequoia Capital China-backed Chinese tea drink chain GoodMe is planning to start its Hong Kong IPO as early as 2022 and is aiming to raise USD300-500 million, reported Chinese media, citing sources.
AAStocks Financial News
Source: AAStock

Indonesia's J&T Express Mulls Switching IPO from US to HK to Woo USD1B: Report
30/08/2021 15:30
J&T Express, with its headquarters set in Indonesia, is mulling to change the location of its IPO from the U.S. to Hong Kong, with the aim to raise USD1 billion, reported Bloomberg News.
Citing people familiar with the matter, the report added that J&T Express is in discussion with Bank of America, CICC and Morgan Stanley in relation to IPO matters and expects to start the IPO by next year at the earliest.
AAStocks Financial News
Source: AAStock

Evercare Medical Technology Reportedly Mulls USD300M HK IPO
30/08/2021 14:38
Beijing Evercare Medical Technology is planning a Hong Kong IPO to raise approximately USD300 million, reported IFR under Reuters, citing sources. Evercare Medical filed the listing application to the Stock Exchange in early August, with its sole sponsor being Haitong International.
AAStocks Financial News
Source: AAStock

Tam Jai Int'l Said to Undergo US$100M HK Listing Hearing Early Sep
30/08/2021 10:16
Tam Jai International, the operator of local noodle restaurant chain TamJai and SamGor, submitted a listing application in Hong Kong in April. IFR under Reuters reported that Tam Jai International will undergo a listing hearing of the Stock Exchange in early September, with a goal of pursuing approximately US$100 million.
The preliminary prospectus indicated that the company plans to use the proceeds from the fundraising to extend its presence in Hong Kong, Mainland China, Singapore, Japan and Australia.
AAStocks Financial News
Source: AAStock

GOGOX Operator 58 Freight Files for HK IPO; BABA-SW Holds Almost 16% Stake
30/08/2021 09:00
58 Freight, the operator of freight platforms GOGOX and Kuaigou Taxi, lodged a listing application to the Stock Exchange, with the joint sponsors including CICC, UBS, BOCOMI and ABCI. Earlier on, wire reported that the company aims to lure US$400-500 million.
The preliminary prospectus showed that 58.com, the major shareholder, holds approximately 51.2% of 58 Freight's pre-IPO equity, whilst BABA-SW (09988.HK) 0.000 (0.000%) Short selling $2.55B; Ratio 31.308% 's Taobao China, Cainiao and investment fund AHKEF hold approximately 15.99% of the equity.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-27 16:25.)
AAStocks Financial News
Source: AAStock

Unicorn SenseTime Officially Files IPO Documents
28/08/2021 09:26
Hong Kong-founded unicorn SenseTime has officially filed prospectus for its Hong Kong IPO. The company is expected to start its IPO by the end of this year at the earliest and is hoping raise approximately USD1-2 billion, according to previous reports.
AAStocks Financial News
Source: AAStock

Top Glove Said to Mull HK Secondary Listing Reboot
27/08/2021 14:56
Top Glove will renew its Hong Kong secondary listing plan, reported SCMP. The world's biggest rubber glove maker made the announcement in a filing to Bursa Malaysia, without revealing the timing of resubmitting the application.
AAStocks Financial News
Source: AAStock

CN Tea Chain 'ChaBaiDao' to Start About USD500M HK IPO Next Yr Earliest: Wire
27/08/2021 11:57
Chinese fruit tea chain ChaBaiDao is mulling a Hong Kong IPO to woo approximately USD500 million, reported Bloomberg News. Sources cited in the report that the company has asked investment banks to submit proposals on the potential listing and expects to start the IPO next year at the earliest.
However, the discussion is still in the preliminary stage, with timetable and financing scale subject to change. Meanwhile, the company has not responded to the news.
AAStocks Financial News
Source: AAStock

Dongguan Rural Commercial Bank Clears US$1B HK Listing Hearing: Wire
27/08/2021 10:07
Dongguan Rural Commercial Bank has advanced the listing hearing of the Stock Exchange with a goal to fetch US$1 billion, Reuters' IFR cited people familiar with the matter.
AAStocks Financial News
Source: AAStock

GOGOX Reported to File Listing Application in Next Few Weeks, Raise USD400-500M
26/08/2021 14:56
The transportation platform GOGOX (formerly GoGoVan) is planning to file its listing application to the Stock Exchange in coming few weeks and is aiming to raise USD400-500 million, reported IFR under Reuters, citing people familiar with the matter.
AAStocks Financial News
Source: AAStock

Yingde Gases Said to File for IPO Next Mth Soonest to Raise About US$1B
26/08/2021 13:59
Yingde Gases has picked Goldman Sachs and Morgan Stanley for its Hong Kong listing, set to file an application as soon as next month, according to reports. The industrial gas maker aims to raise about US$1 billion.
AAStocks Financial News
Source: AAStock

Mixue Bingcheng Said to Raise US$200-500M in HK IPO Next Yr
25/08/2021 14:55
Mixue Bingcheng is planning to go public in Hong Kong as soon as next year, aiming to raise around US$200-500 million as Bloomberg citing sources.
Regarding the above rumors, the Chinese ice cream and tea chain replied that it has no concrete listing plan at the moment.
AAStocks Financial News
Source: AAStock

CN E-cigarette Company IVPS Mulls USD500M-1B HK IPO Next Yr: Report
24/08/2021 12:00
Chinese leading electronic cigarette brand Smok's operator Shenzhen IVPS Technology CO. Limited is planning to launch its Hong Kong IPO next year at the earliest, targeting to raise USD500 million to USD1 billion, reported Bloomberg News, citing people familiar with the matter. The company is approaching advisers at the moment.
AAStocks Financial News
Source: AAStock

CN Pub Chain Helens Starts IPO Pre-marketing, Targets to Raise USD300M: Report
23/08/2021 14:35
China's pub chain Helens initiated the pre-marketing activities for its HK IPO today and is aiming to raise approximately USD200-300 million through the IPO, reported IFR under Reuters, citing sources.
Helens had earlier advanced the listing hearing with the sole sponsor CICC.
AAStocks Financial News
Source: AAStock

ACOTEC-B (6669.HK) Public Offer Oversubscribed Nearly 654x; One-lot Success Rate 3%
23/08/2021 08:03
ACOTEC-B (6669.HK) planned to issue 68.633 million shares, with 10% for Hong Kong public offering. The public offer section of its IPO was oversubscribed by 653.51 times. One-lot (1,000 shares) success rate was 3%.
Its offer price has been determined at $23.8 per share, representing the top end of its offer price range ($22.2-$23.8). The shares are expected to be listed on Main Board tomorrow (24 August).
AAStocks Financial News
Source: AAStock

HEARTCARE-B (06609.HK) Closes at $130.8 Midday, Down 23.5% vs Listing Price
20/08/2021 12:22
On debut, HEARTCARE-B (06609.HK) -40.200 (-23.509%) closed the midday at $130.8, down 23.5% against the listing price of $171, on half-day volume of 1.57 million shares, involving $218 million.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

CN AI Medical Firm InferVision Said to Have US$300M HK IPO This Yr Soonest
19/08/2021 17:59
InferVision, a Mainland AI medical company which is backed by Goldman Sachs Asset Management and Qiming Venture Partners, has tapped banks to assist its HK IPO, Bloomberg reported. Capturing as much as US$300 million, the company is assumed to float on the market this year at the soonest. Sources added that InferVision is working with CSC Financial, Goldman Sachs and UBS for the potential listing.
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Source: AAStock

CHINA UNICOM Proposes Spin-off of 'SMART Connection Tech' for A-shr Listing
19/08/2021 16:32
CHINA UNICOM (00762.HK) 0.000 (0.000%) Short selling $21.14M; Ratio 6.853% announced that the Company is considering the proposed spin-off and separate listing of China Unicom Smart Connection Technology Limited (SMART Connection Technology) on a stock exchange within Mainland of the PRC (Proposed Spin-off).
SMART Connection Technology, incorporated in the PRC, is a non-wholly owned subsidiary of the Company. Its businesses focus on the field of Internet of Vehicles, including Smart Connection, Smart Operation and Smart Application.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-19 16:25.)
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Source: AAStock

CN AI Firm YITU Tech May Purportedly Float in HK
19/08/2021 11:08
YITU Technology, a China's AI firm, is looking at listing in Hong Kong in pursuit of US$4-billion valuation, Bloomberg cited people with the knowledge of the matter.
The company had originally wished for a Shanghai's listing to raise RMB7.51 billion, but its application was rejected last month after prolonged scrutiny. Eventually. the company decided to float in Hong Kong as soon as later this year.
Yet, the board of directors has not barred odds of listing on STAR board completely.
AAStocks Financial News
Source: AAStock

HEARTCARE-B Prices IPO at Top End; Public Offer Oversubscribed 332x; One-lot Success Rate 10%
19/08/2021 08:53
HEARTCARE-B (06609.HK) announced the allotment results. Its offer price has been determined at $171, representing the top end of its offer price range ($160-$171). The public offer section of its IPO was oversubscribed by 332.14x. After the reallocation procedure, the number of shares under Hong Kong public offering section was increased to 50% of the total number of offer shares. One-lot (50 shares) success rate is 10%.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

SZ Insight Lifetech Files HK Listing Application
19/08/2021 08:41
Shenzhen Insight Lifetech has filed a listing application to the Stock Exchange, with its joint sponsors being Goldman Sachs and CICC, reported local media.
As of the end of March 2021, the company's quarterly revenue amounted to RMB4.753 million, coupled with a loss of RMB25.69 million.
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Source: AAStock

Medlinker Mulls HK IPO to Raise USD400M Max.: Report
19/08/2021 08:37
Chinese leading chronic disease management platform Medlinker is considering a Hong Kong IPO and is hoping to raise around USD300-400 million, reported IFR under Reuters.
The company has tapped Goldman Sachs as the listing arranger. Investors are TENCENT (00700.HK) +1.800 (+0.413%) Short selling $742.72M; Ratio 6.409% , Sequoia China, and more.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-18 16:25.)
AAStocks Financial News
Source: AAStock

Yuanxin Tech Said to File for Over US$500M HK IPO This Mth Soonest
17/08/2021 16:13
Yuanxin Technology, the operator of Miaoshou Doctor, an online medical platform, will lodge a listing application at the Stock Exchange as soon as this month, Reuters' IFR reported. In talks with Goldman Sachs etc., the company aims to fetch over US$500 million.
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Source: AAStock

SenseTime On HK IPO Rumor: No Comment
17/08/2021 15:24
SenseTime, in response to wire report that the company plans to file for HK IPO in the next few weeks, replied that it has been striving to propel AI-empowerment to all walks of industries since its establishment. Reluctant to comment on the news, the company, however, expressed gratitude to market's concern.
AAStocks Financial News
Source: AAStock

SenseTime Mulls HK IPO to Woo At Least USD2B without US I-Bank's Role: Report
17/08/2021 13:55
AI company SenseTime is planning to file a listing application to the Stock Exchange in the coming few weeks, aiming to raise at least USD2 billion, reported Bloomberg News, citing sources.
As SenseTime was included in a U.S. foreign trade Entity List, which strictly prevents any business collaboration between itself and American companies, no U.S. investment bank has been invited to join the IPO, the report added.
AAStocks Financial News
Source: AAStock

ACOTEC-B (06669.HK) IPO Margin Over-subscribed by 301x
16/08/2021 17:52
ACOTEC-B (06669.HK), set to end IPO subscription tomorrow noon (17th), was granted margin of approximately $49.4 billion by brokers. Based on the fundraising amount of approximately $163 million for public offering, the IPO was over-subscribed by over 301 times.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Tencent Music Pauses 2021 HK IPO Plan: Report
16/08/2021 16:41
Tencent Music Entertainment Group (TME.US) has stalled its plan to raise US$5 billion in a Hong Kong IPO in late 2021 given market volatility and Chinese regulation on online platforms, reported Nikkei.
Shares of Tencent Music cratered 2% to US$9.6 in pre-market trading session.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

ACOTEC-B (06669.HK) Ends Intl. Offer Earlier Today on Sufficient Subscriptions: Report
16/08/2021 16:23
The international offer section of ACOTEC-B (06669.HK)'s IPO will be closed one day earlier by today (16th), as it has already recorded sufficient subscriptions, reported IFR under Reuters, citing sources.
(HK stocks quote is delayed for at least 15 mins.)
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Source: AAStock

Richard Li's FWD May List in US to Raise US$3B Next Mth Soonest
16/08/2021 15:19
Richard Li's FWD Group is pursuing a U.S. IPO as early as September, aiming to raise up to US$3 billion, IFR citing people familiar with the matter.
The insurer already made a confidential filing with the U.S. SEC, planning to go public in the third quarter and aiming for a valuation of more than US$15 billion, according to earlier sources.
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Source: AAStock

HeartCare Medical (06609.HK) Said to Price HK IPO at $171/ Shr
13/08/2021 15:32
HeartCare Medical (06609.HK), a neural interventional medical device company in China, plans to price its HK IPO at $171 per share, being the upper end of the offer price range $160-171, Reuters' IFR cited people with the knowledge of the matter. The IPO is expected to pool almost $1.13 billion.
HeartCare Medical projects to list on 20 August with Goldman Sachs and CICC being the joint sponsors.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Huashi Kangyuan Taps C Suisse, Huatai for HK IPO to Raise Up to US$400M: Rumor
13/08/2021 14:08
Huashi Kangyuan Pharmaceutical Technology plans to go public in Hong Kong this year to raise around US$300-400 million, IFR citing insiders. The Chinese CRO has engaged Credit Suisse and Huatai to head its listing.
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Source: AAStock

LI AUTO-W (02015.HK) Closes at $117, Down 0.8% vs Listing Price
12/08/2021 16:14
LI AUTO-W (02015.HK) -1.000 (-0.847%) Short selling $1.99M; Ratio 0.296% opened flat at $118 on its debut day and closed at $117, down 0.8% against its listing price of $118, on a volume of 5.75 million shares. The turnover amounted to $673 million. Excluding the handling fees, a book loss of $100 was reported per board lot of 100 shares.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-12 16:25.)
AAStocks Financial News
Source: AAStock

LI AUTO-W: Scouting Potential of A-shr Comeback
12/08/2021 10:27
LI AUTO-W (02015.HK) -0.700 (-0.593%) , with HK IPO debut today (12th), had earlier mapped out HK listing since flotation in the U.S., in a bid to open up more capital channels, as the President Shen Yanan told local media. The company is also internally exploring the potential of a A-share comeback.
Shen envisioned that by 2025, LI AUTO-W will take up 20% of China's new energy vehicle market.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

ACOTEC-B (06669.HK) Starts IPO Today; Entry Fee $24,039
12/08/2021 09:08
Chinese innovative medical equipment company ACOTEC-B (06669.HK) announced the details of its IPO. The IPO will offer 68.633 million shares in total, with 10% of them being the Hong Kong public offer section, with offer prices ranging from $22.2 to $23.8. Entry fee is $24,039.83 with a board lot size of 1,000 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Pony.ai on Rumored US IPO Lull: Never Confirms Listing Arrangement
12/08/2021 09:03
Pony.ai has suspended its U.S. listing plan, Chinese media citing market sources.
The startup replied later that it had never confirmed any listing plan or timetable, stressing its healthy growth amid the rapid self-driving sector development and making no comment on the rumors.
AAStocks Financial News
Source: AAStock

CN EV Startup Aichi Automobile Yearns US IPO to Raise US$300M This Yr: Report
12/08/2021 09:00
Chinese EV startup Aichi Automobile (also known as AIWAYS) is seeking to go public in the United States, Bloomberg citing people with knowledge of the matter.
The company is in talks with underwriters on a 2021 listing to raise US$300 million, according to the people.
AAStocks Financial News
Source: AAStock

LI AUTO-W (02015.HK) Ends at $115.9 on Gray Mkt, Down 1.8% vs Listing Price
11/08/2021 18:33
LI AUTO-W (02015.HK), to be listed tomorrow, closed the gray market at $115.9, down $2.1 or 1.8% against the listing price of $118, on volume of 730,000 shares and turnover of $84.8 million. Excluding handling fee, the book loss was $210 per board lot size of 100 shares.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

LI AUTO-W (02015.HK) HK IPO Oversubscribed by 4.5x; One-lot Success Rate 50%
11/08/2021 08:24
LI AUTO-W (02015.HK)(LI.US) , which applied for dual listing, announced that for the proposed 100 million offer shares in its IPO, the Hong Kong public offer section was oversubscribed by 4.5x while the international section likewise was oversubscribed by 6.9x. One-lot success rate is 50%.
(HK stocks quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

HEARTCARE-B (06609.HK) IPO Margin Over-subscribed by Over 47x
10/08/2021 17:58
HEARTCARE-B (06609.HK), on debut of IPO, recorded margin of approximately $5.47 billion, according to brokers. Based on the public fundraising of almost $113 million, the IPO was over-subscribed by over 47.4 times.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

Tencent-backed ThinkGeek Network Tech Mulls Raising US$1B in HK: Rumor
10/08/2021 11:32
ThinkGeek Network Technology, with an over 27% stake held by TENCENT (00700.HK) +21.000 (+4.549%) Short selling $1.31B; Ratio 6.944% , aims to raise as much as US$1 billion in a Hong Kong IPO, IFR citing insiders.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-09 16:25.)
AAStocks Financial News
Source: AAStock

HEARTCARE-B (06609.HK) Starts IPO Today; Entry Fee $8,636.16
10/08/2021 09:14
HEARTCARE-B (06609.HK) plans to issue 6.6019 million H-shares, of which 10% will be the Hong Kong offer section. The offer price ranges between $160-171 apiece. Entry fee is $8,636.16 with a board lot size of 50 shares.
The IPO will start from today until this Friday (13 August). The listing in the shares of the company is expected to commence on 20 August.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

CTG DUTY-FREE Avoids Working with US Banks on HK IPO: Rumor
10/08/2021 09:11
CTG DUTY-FREE (601888.SH) -7.68 (-2.949%) filed a listing application in Hong Kong at the end of June, purportedly aiming to raise roughly US$7-10 billion and set to be the biggest IPO this year. However, foreign sources said the company is avoiding working with US-based lenders due to China-US tensions.
(A Shares quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

TENCENT-backed We Doctor Said to Start HK IPO as Soon as Sep to Raise USD3B Max.
10/08/2021 08:16
TENCENT (00700.HK) +17.200 (+3.726%) Short selling $1.31B; Ratio 6.944% -backed online medical platform We Doctor is planning to begin its Hong Kong IPO in September at the earliest and seek to raise a maximum amount of USD3 billion (approximately HKD23.35 billion), reported Bloomberg News, citing sources.
Sources suggested that HKEX (00388.HK) -5.000 (-0.960%) Short selling $345.01M; Ratio 19.388% has required We Doctor to guarantee that the company will comply to the regulatory standards in China in terms of data processing.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-09 16:25.)
AAStocks Financial News
Source: AAStock

Medbanks Files HK Listing Application; Backed by TENCENT, IDG Pre-listing
09/08/2021 10:59
Chinese medical data platform Medbanks Health Technology filed its HK listing application with Morgan Stanley, CICC and Haitong International being its joint sponsors.
Founded in 2014, Medbanks completed its Series B funding round led by TENCENT (00700.HK) +14.800 (+3.263%) Short selling $801.27M; Ratio 4.116% in 2016, with other investors being IDG, the family office of the chairwoman of LONGFOR GROUP (00960.HK) +1.200 (+3.424%) Short selling $8.08M; Ratio 1.858% Wu Yajun -- Wu Capital, and Eight Roads.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2021-08-06 16:25.)
AAStocks Financial News
Source: AAStock

Wanda Light Asset Commercial Mgmt Said to File for HK IPO This Mth to Raise Up to US$4B
09/08/2021 10:27
Wanda Light Asset Commercial Management plans to file a Hong Kong listing application as soon as this month, aiming to raise about US$3-4 billion, reported Chinese media.
AAStocks Financial News
Source: AAStock

NTES-S' Cloud Village Reported to Delay HK IPO
09/08/2021 09:39
NTES-S' Cloud Village has decided to delay its Hong Kong IPO project to wait for a more optimal market climate, reported IFR under Reuters, citing sources. The company's IPO is previously estimated to raise as much as USD1 billion.
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Source: AAStock

ByteDance Shatters Rumors of Rebooting HK IPO
09/08/2021 08:19
Financial Times had previously reported that ByteDance is planning to start its Hong Kong IPO early next year and is actively resolving the data security concerns raised by the Chinese regulators.
ByteDance, in response, denied relevant report of the company rebooting its Hong Kong IPO project.
AAStocks Financial News
Source: AAStock

LI AUTO-W (02015.HK) Offer Price Fixed at $118, Likely Raising $11.8B
07/08/2021 10:17
LI AUTO-W (02015.HK) announced that the final offer price has been set at HK$118 per share. The gross proceeds are expected to be HK$11.8 billion.
(HK stocks quote is delayed for at least 15 mins.)
AAStocks Financial News
Source: AAStock

LI AUTO-W (02015.HK) Said to Price HK IPO at $118/ Shr
06/08/2021 11:25
LI AUTO-W (02015.HK) (LI.US) plans to price its HK IPO at $118 per share, 21.3% below the maximum selling price of $150, Reuters' IFR cited sources. It is expected to capture $11.8 billion funds, and list on 12 August.
LI AUTO's US shares settled at US$31.35, down 4.1%, last night.
(HK stocks quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

LI AUTO-W (02015.HK) IPO Margin Tops $3.4B, Over-subscribed by 1.27x
05/08/2021 17:35
LI AUTO-W (02015.HK) (LI.US) , closing the public offering tomorrow noon (6th), reported margin subscription of over $3.4 billion. Based on the $1.5 billion public fundraising amount, the IPO was over-subscribed by almost 1.27 times.
(HK stocks quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
AAStocks Financial News
Source: AAStock

LI AUTO-W (02015.HK) IPO Margin Leaps to $2.53B, Over-subscribed by 68.6%
04/08/2021 17:47
LI AUTO-W (02015.HK) (LI.US) -1.140 (-3.385%) , entering the second day of public offering, reported margin subscription increased to almost $2.53 billion. Based on the $1.5 billion public fundraising amount, the stock was over-subscribed by about 68.6%.
Source: AAStock

SHUI ON LAND Mulls Splitting China Xintiandi for 2022 HK IPO to Raise At Least US$500M: Rumor
04/08/2021 14:31
SHUI ON LAND (00272.HK) 0.000 (0.000%) Short selling $581.44K; Ratio 5.247% has chosen Morgan Stanley and UBS to lead the initial public offering of its China Xintiandi, planning to spin off the arm for Hong Kong listing next year and fetch at least US$500 million of funds, reported Bloomberg.
Source: AAStock

AInnovation Expects to Start USD400M HK IPO within 2021
04/08/2021 11:50
Chinese corporate AI solution provider AInnovation is planning to launch its Hong Kong IPO within this year at the earliest, hoping to raise approximately USD400 million, reported IFR under Reuters, citing people familiar with the matter.
AInnovation has filed listing application to the Stock Exchange in June with its joint sponsors being UBS, CICC and China Renaissance.
AAStocks Financial News
Source: AAStock

Heytea Says 2021 HK IPO Rumor Is Misinformation
04/08/2021 09:56
Heytea is valued at up to RMB60 billion following Series D financing this year, according to Insight. The Chinese tea drink chain may choose to go public in Hong Kong next year, aiming for a valuation of HK$150 billion.
In a reply last night (3rd), Heytea dismissed the rumor as misrepresented news, adding it has no listing plan at the moment.
AAStocks Financial News
Source: AAStock

CN Private Aesthetic Medical Group Evercare Files for Listing
04/08/2021 09:29
Evercare, a Chinese private aesthetic medical institution group, has filed a listing application with Haitong International as the sole sponsor.
The group reported earnings of RMB10.053 million for the first quarter ended March 31, 2021, against loss of RMB36.984 million for the same period in 2020.
AAStocks Financial News
Source: AAStock

LI AUTO-W (02015.HK) Records Nearly $1.7B Margin Subscriptions on 1st Day, Oversubscribed by 13%
03/08/2021 17:43
LI AUTO-W (02015.HK)(LI.US) +0.290 (+0.869%) recorded approximately $1.696 billion of margin subscriptions as at around 5:30 pm on the first day of its IPO, oversubscribed by 13%.
Source: AAStock

4Paradigm Reported to Start HK IPO within This Yr to Raise USD600M
03/08/2021 10:09
Chinese AI platform and service provider 4Paradigm will start its Hong Kong IPO within this year at the earliest and is expected to raise approximately USD600 million, reported IFR under Reuters, citing sources.
4Paradigm has so far completed ten rounds of financing, wooing ICBC (01398.HK) -0.060 (-1.379%) Short selling $139.12M; Ratio 19.054% , BANK OF CHINA (03988.HK) -0.020 (-0.738%) Short selling $192.58M; Ratio 37.442% , CCB (00939.HK) -0.040 (-0.734%) Short selling $198.19M; Ratio 23.109% , ABC (01288.HK) 0.000 (0.000%) Short selling $28.58M; Ratio 7.932% and BANKCOMM (03328.HK) -0.010 (-0.219%) Short selling $16.06M; Ratio 29.397% , as revealed by Tianyancha.com. In addition, TENCENT (00700.HK) -45.200 (-9.516%) Short selling $1.30B; Ratio 9.410% 's connected company Guangxi Tencent Venture Capital joined stake in February.
Source: AAStock

LI AUTO-W (02015.HK) IPO Today; Entry Fee Approx. $15,151
03/08/2021 08:25
Chinese NEV maker LI AUTO-W (02015.HK) (LI.US) +0.290 (+0.869%) applied for dual primary listing in Hong Kong and has announced relevant details. The company plans to issue 100 million shares, of which 10% will be the Hong Kong offer section, with an offer price of no more than $150 per share. Entry fee is $15,151.16 with a board lot size of 100 shares. The IPO will start from today (3rd) to this Friday (6th).
The listing in the shares of the company is expected to commence on 12 August.
Source: AAStock

Lalamove Taps BofA, G Sachs as HK IPO Joint Sponsors: Rumor
02/08/2021 16:26
Lalamove has appointed Bank of America and Goldman Sachs as joint sponsors for its initial public offering in Hong Kong, IFR citing insiders.
The local logistics company was said to have filed a confidential application for listing in the U.S., aiming to raise about US$1 billion at a valuation of US$10 billion.
AAStocks Financial News
Source: AAStock

TT Voice's Owner Quwan Network Mulls Scrapping US IPO Plan, Going to HK Instead: Rumor
02/08/2021 12:19
Quwan Network Technology is considering changing its IPO venue from the U.S. to Hong Kong given China's potential regulation on tech firms and possible U.S. requirement for more disclosure by China-based firms, IFR citing sources.
Quwan Network is said to be going public in the U.S. as soon as the second half of 2021, aiming to raise around US$200-300 million according to earlier rumors.
The company is principally engaged in the operation of TT Voice.
AAStocks Financial News
Source: AAStock

Qiandama Taps CICC, M Stanley for HK IPO, May Go Public End-2021 Soonest: Report
02/08/2021 11:46
Qiandama has tapped CICC and Morgan Stanley for its Hong Kong initial public offering, reported Bloomberg. The Chinese fresh food chain is forging ahead its IPO with investment banks, likely going public as soon as the end of 2021 to raise about US$500 million.
AAStocks Financial News
Source: AAStock

CSRC Receives 4Paradigm's HK IPO Review Material
02/08/2021 11:31
Chinese AI platform and service provider 4Paradigm has submitted relevant material for its application for IPO outside of China, and has initiated relevant works for Hong Kong listing, according to data from China Securities Regulatory Commission (CSRC).
AAStocks Financial News
Source: AAStock

NTES-S' Cloud Village Passes HK Listing Hearing; 13.3% Online Music Paid Users in 1Q
02/08/2021 10:18
NTES-S (09999.HK) +5.200 (+3.344%) Short selling $239.15M; Ratio 30.412% 's Cloud Village has passed the listing hearing of the Hong Kong Stock Exchange, jointly sponsored by BofA Securities, CICC and Credit Suisse. The company has been purportedly estimated to raise approximately USD1 billion through the IPO.
For 1Q21, 13.3% out of Cloud Village's 183 million monthly active users were paid users for online music service, translating into 24 million users.
Source: AAStock

Biel Crystal Files Listing Application to HKEX (00388.HK)
02/08/2021 09:41
Apple supplier and monitor manufacturer, Biel Crystal, has filed a listing application to HKEX (00388.HK) +11.000 (+2.218%) Short selling $727.26M; Ratio 28.536% , with CICC, HSBC and JPMorgan being its joint sponsors. The company is previously reported to plan to raise as much as USD2 billion through the IPO.
Source: AAStock

NTES-S (09999.HK)'s Cloud Village Submits PHIP to HKEX
02/08/2021 08:30
NTES-S (09999.HK) +4.500 (+2.894%) Short selling $239.15M; Ratio 30.412% announced that in connection with the proposed separate listing of Cloud Village, Cloud Village submitted a post hearing information pack (PHIP) to the Hong Kong Stock Exchange, which contains certain business information relating to Cloud Village.
Source: AAStock

Cloud Village Inc. Said to Win HK Listing Approval
30/07/2021 15:57
Cloud Village Inc., the music streaming wing of NTES-S (09999.HK) -2.200 (-1.395%) Short selling $70.73M; Ratio 8.995% , has secured a green light for its Hong Kong listing, Bloomberg citing sources.
Cloud Village may raise roughly US$1 billion in funds, according to earlier reports.
Source: AAStock

4Paradigm Said to File for HKEX IPO Next Mth Soonest
30/07/2021 12:35
China's 4Paradigm started preparing for its Hong Kong IPO earlier, as Chinese media cited insiders. The AI platform and tech service provider will file an official listing application with the Stock Exchange as soon as August.
AAStocks Financial News
Source: AAStock

SML Group May Purportedly Mull HK IPO Next Yr Quickest
28/07/2021 17:03
SML Group, Hong Kong brand design solution provider, is pondering on a HK listing as early as next year, Bloomberg cited people with the knowledge of the matter.
In cooperation with advisers in fostering the IPO plan, the company may fetch approximately US$200 million, report said.
AAStocks Financial News
Source: AAStock

CN Smart Vending Machine Maker UBOX Mulls USD500M HK IPO: Wire
28/07/2021 11:19
Chinese smart vending machine manufacturer UBOX is weighing a Hong Kong IPO with the fundraising scale potentially reaching USD500 million, reported Bloomberg, citing people familiar with the matter.
The company is currently working with consultants in regards to the potential listing and might initiate the IPO project later this year at the earliest.
AAStocks Financial News
Source: AAStock

NTES-S' Cloud Village Responds to This Week's Listing Hearing: No Comment
26/07/2021 17:52
NTES-S (09999.HK) -23.000 (-13.295%) Short selling $693.10M; Ratio 20.237% 's Cloud Village Inc. is reluctant to comment on the rumor that it will undergo listing hearing of the Stock Exchange as soon as this week, capturing approximately US$1 billion.
Source: AAStock

NTES-S' Cloud Village May Undergo HK Listing Hearing This Week, Wooing US$1B: Sources
26/07/2021 16:54
NTES-S (09999.HK) -23.000 (-13.295%) Short selling $693.10M; Ratio 20.237% 's Cloud Village Inc. will undergo listing hearing of the Stock Exchange as soon as this week, capturing approximately US$1 billion, according to market sources.
Having filed for listing at the end of May, Cloud Village engages BofA Securities, CICC and Credit Suisse as joint sponsors.
Source: AAStock

Li Auto Clears HK Listing Hearing, Said to Raise USD1-1.5B
26/07/2021 10:39
Li Auto Inc. (LI.US) -2.650 (-8.047%) has passed the listing hearing with its joint sponsors being Goldman Sachs and CICC. The carmaker is hoping to raise approximately USD1-1.5 billion through the HK IPO, reported IFR under Reuters, citing sources.
Source: AAStock

SHUI ON LAND Mulls Splitting China Xintiandi for HK IPO to Raise US$500M: Rumor
26/07/2021 10:07
SHUI ON LAND (00272.HK) -0.020 (-1.587%) Short selling $996.03K; Ratio 16.522% is planning to spin off its commercial property arm China Xintiandi for Hong Kong listing, Chinese media citing sources. The property company is in early talks with potential advisors for the offering, expecting its wing to go public as soon as next year to raise around US$500 million.
Source: AAStock

Meicai Mulls Switching IPO Location from US to HK: Report
23/07/2021 16:53
The e-commerce platform for fresh food products Meicai is considering switching the location of its IPO from the U.S. to Hong Kong, reported Bloomberg News, citing people familiar with the matter.
The sources suggested that the company has begun preliminary preparations for Hong Kong listing but is still possible to resume its U.S. IPO plan later. According to reports, Meicai may raise hundreds of millions of U.S. dollars through an IPO.
AAStocks Financial News
Source: AAStock

CN Companies with US IPO Plans May Switch to HK Listing: Report
23/07/2021 14:07
About 20 Chinese companies with plans for U.S. IPO are currently pondering the possibility of switching the listing location from New York to Hong Kong due to the strengthening oversight from the Chinese government, reported Financial Times.
The Chinese companies previously announced schedules for U.S. listing, with the total fundraising amount estimated to be USD1.4 billion.
AAStocks Financial News
Source: AAStock

Imeik Technology Picks CICC, JPM for HK IPO, May Raise US$3B: Rumor
22/07/2021 09:07
Imeik Technology (300896.SZ) -6.45 (-0.807%) has already filed with China Securities Regulatory Commission for its Hong Kong IPO.
The Chinese biomedical product maker has chosen CICC and JPMorgan to arrange its listing, planning to file an application to the Stock Exchange this month or next month, foreign media reported. It is expected to raise around US$2 billion to US$3 billion.
Source: AAStock

Information are sourced from AAStock

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