BRIEF: X.J. Electronics to raise up to $28 million in Hong Kong IPO
Kitchen appliance maker X.J. Electronics (Hu Bei) Co. Ltd. (2619.HK) launched its Hong Kong IPO on Tuesday, aiming to raise up to HK$228 million ($28 million) through the sale of…
BRIEF: Neta parent Hozon starts bankruptcy restructuring
Hozon New Energy, has officially entered bankruptcy restructuring, reflecting troubles at its struggling Neta Auto electric vehicle (EV) brand. On June 13, the National Enterprise Bankruptcy Information Disclosure Platform revealed…
BRIEF: Ride-hailing platform CaoCao launches $236 million IPO
Ride-hailing platform CaoCao Inc. (2643.HK) on Tuesday launched its Hong Kong IPO, aiming to sell 44.18 million shares at HK$41.94 apiece to raise about HK$1.85 billion ($236 million). Share subscriptions will…
BRIEF: Tianyu Semiconductor gets CSRC nod for Hong Kong IPO
Silicon carbide (SiC) wafer maker Guangdong Tianyu Semiconductor Co. Ltd. received an approval notice from the China Securities Regulatory Commission (CSRC) last Friday for its plan to list in Hong…
BRIEF: Hengrui executive to sell nearly 500,000 A-shares
Pharmaceutical company Jiangsu Hengrui Pharmaceuticals Co. Ltd. (1276.HK; 600276.SH) said on Sunday that executive director and senior vice president Sun Jieping will sell up to 476,700 of his A-shares in…
BRIEF: Bayzed Health to raise up to $115 million in Hong Kong IPO
Cancer hospital operator Bayzed Health Group Inc. (2609.HK) launched its Hong Kong IPO on Friday, aiming to raise up to HK$900 million ($115 million). The company said it plans to…