BRIEF: Lvji Tech to raise $19 million via rights issue at heavy discount
Online tour guide services provider Lvji Technology Holdings Inc. (1745.HK) announced on Monday it plans to raise HK$152 million ($19 million) through a 2-for-1 rights issue at HK$0.18 per share,…
BRIEF: Ocean Park sells controlling stake in $293 million share placement
Theme park operator Haichang Ocean Park Holdings Ltd. (2255.HK) said on Monday it has agreed to sell 5.1 billion new shares to Sunriver Group for HK$0.45 apiece, raising HK$2.3 billion…
BRIEF: MetaLight bus app IPO finally stops in Hong Kong, to raise $31 million
Bus information service provider MetaLight Inc. (2605.HK) launched its Hong Kong IPO on Monday, aiming to sell 24.9 million shares for HK$9.75 each to raise about HK$240 million ($31 million).…
BRIEF: Newtrend launches Hong Kong IPO to raise up to $31 million
Sweetener maker Newtrend Technology Co. Ltd. (2573.HK) launched its Hong Kong IPO on Friday, aiming to raise up to HK$222 million ($31 million) through the sale of 10.6 million shares…
BRIEF: Shouhui slumps in Hong Kong trading debut
Shares of insurance distributor Shouhui Group Ltd. (2621.HK) slumped in their Hong Kong trading debut on Friday after pricing strongly in their modest IPO. The stock opened at HK$7.50, down 7%…
BRIEF: Futu’s profit doubles on stock market rebound
Online brokerage Futu Holdings Ltd. (FUTU.US) announced on Thursday its first-quarter revenue jumped 81% year-on-year to HK$4.7 billion ($603 million), while its adjusted non-GAAP net profit soared 98% to HK$2.22…
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