Butong gets set for IPO

BRIEF: Hesai jumps in Hong Kong trading debut

Shares of autonomous driving technology company  Hesai Group (2525.HK; HSAI.US) opened up 7.7% in their Hong Kong trading debut on Tuesday, and continued to rise during the morning to close up…
Butong gets set for IPO

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).…
Butong gets set for IPO

BRIEF: Aux launches $461 million Hong Kong IPO

Air conditioning maker Aux Electric Co. Ltd. (2580.HK) launched its Hong Kong IPO on Monday, aiming to sell 207 million shares to raise up to HK$3.6 billion ($461 million). Shares…