Fibocom limps out of IPO gate, weighed down by sagging margins
The wireless module maker’s shares fell 11.7% in their Hong Kong debut and continued to slump the next day, but still trade at an inflated valuation Key Takeaways: Fibocom’s shares…
Lakala eyes Hong Kong IPO as it hops on the going-global bandwagon
The payment services provider plans to use funds from its listing for overseas expansion to try to reverse its falling revenue and profits Key Takeaways: Shenzhen-listed Lakala has filed for…
Xiao Noodles tempts Hong Kong investors with ‘cheap eats’ story
China’s fourth-largest noodle chain has filed for an IPO, reporting its revenue grew 34% in the first half of this year as consumers gravitated to its affordable food Key Takeaways:…
Yunji rolls out red carpet for investors with Hong Kong IPO
The maker of scenario-based, AI-empowered robots, mostly used in hotels, raised about $76 million, as it becomes the first maker of flexible, service-based robots to list in Hong Kong Key…
Chinese Coca Cola rising? A diversifying Eastroc makes second Hong Kong IPO bid
The Shenzhen-based company is rapidly developing beyond its original energy drink focus, as it continued to post strong growth in the first half of this year Key Takeaways: Eastroc has…
Apparel maker Tanboer seeks fashionability from buoyant IPO market
The company has filed to list in Hong Kong, boasting strong growth and chasing healthy investor appetite for new stocks despite limited appetite for lower tech plays Key Takeaways: Outdoor…
Yangtze Memory overhauls share structure in preparation for IPO
China’s leading memory chip maker was worth $23 billion after its recent shareholding overhaul, and is likely to list in either Shanghai or Shenzhen Key Takeaways: YMTC has completed a…