Newtrend set to make IPO

BRIEF: Sanhua to raise up to $1 billion in Hong Kong IPO

Refrigeration and air conditioning component maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK, 002050.SZ) launched its Hong Kong IPO on Friday, aiming to raise up to HK$8.1 billion ($1.03 billion)…
Newtrend set to make IPO

BRIEF: RongTa surges in Hong Kong trading debut

Automatic identification and data capture (AIDC) solutions provider RongTa Technology (Xiamen) Group Co. Ltd. (9881.HK) surged on its Hong Kong trading debut on Tuesday, opening at HK$16.60, up 66% from…
Newtrend set to make IPO

BRIEF: MetaLight tumbles in Hong Kong trading debut

Bus information provider  MetaLight Inc. (2605.HK) suffered a bruising Hong Kong debut on Tuesday, as its shares opened down 22% at HK$7.60 on their first trading day. The stock continued to…
X.J. Electronics is a consumer company

BRIEF: Miniso hires underwriters for Top Toy IPO

Retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) plans to spin off its Top Toy unit for a separate Hong Kong listing, and has hired JPMorgan and UBS to underwrite the…