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: 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…
INDUSTRY NEWS WRAP: Nasdaq to crack down on small Chinese listings
The exchange operator’s proposed new rules would require all new Chinese IPOs to raise at least $25 million By Doug Young The Nasdaq on Wednesday proposed new listing standards…
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).…
BRIEF: Dahon Tech to raise $50 million in Hong Kong IPO
Folding-bicycle maker Dahon Tech (Shenzhen) Co. Ltd. (2543.HK) kicked off its Hong Kong IPO on Monday, aiming to sell 7.92 million shares at HK$49.50 apiece to raise HK$392 million ($50…
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…
BRIEF: SICC launches $260 million IPO
Semiconductor company SICC CO. Ltd. (2631.HK; 688234.SH) launchedits Hong Kong IPO on Monday, planning to issue 47.7 million shares at up to HK$42.80 per share to raise up to HK$2.04…