BRIEF: Hipine launches Hong Kong IPO to raise up to $44 million
Gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) launched its Hong Kong IPO on Friday, planning to sell 10.6 million shares for between HK$27 and HK$29.60 each to…
BRIEF: Chery launches blockbuster IPO likely to become this year’s largest new car listing
Car maker Chery Automobile Co. Ltd. on Wednesday launched its Hong Kong IPO, aiming to raise more than $1 billion in what’s likely to become the largest listing by a…
BRIEF: Butong passes listing hearing, targets IPO launch by month’s end
Premium nursery products maker Butong Group passed its listing hearing with the Hong Kong Stock Exchange on Thursday, paving the way for it to launch its IPO by the end…
BRIEF: Anta to open 1,000 Southeast Asia stores in next three years
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Thursday that it plans to open 1,000 stores in Southeast Asia over the next three years, as it expands beyond its…
BRIEF: Dahon Tech rallies in hugely oversubscribed Hong Kong IPO
Shares of folding bicycle maker Dahon Tech (Shenzhen) Co. Ltd. (2543.HK) opened with a 36% jump at their Hong Kong trading debut on Tuesday, but then eased throughout the morning to…
BRIEF: WH Group to sell down Smithfield stake
Pork producer WH Group Ltd. (0288.HK) announced on Wednesday that its wholly owned SFDS UK Smithfield unit will sell 16 million shares of its U.S.-based Smithfield Foods Inc. (SFD.US) subsidiary…
BRIEF: Aux shares slump in Hong Kong trading debut
Shares of Aux Electric Co. Ltd. (2580.HK) fell 5.4% on their first trading day in Hong Kong on Tuesday, as the air conditioner maker raised nearly HK$4 billion ($513 million).…