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IPO

Zhipu makes AI products using LLMs

Zhipu in race to become first to list among new generation of Chinese ‘AI tigers’

The company, which focuses on large language models for enterprise clients, has raised 2 billion yuan this year, from mostly government sources Key Takeaways: Zhipu AI is aiming to become…
May 12, 2025
Busy Ming operates convenience stores

Busy Ming buzzes investors with China’s love of budget snacks

The snack store operator has filed for a Hong Kong IPO, using steep cost controls to offer up cheap eats in less affluent smaller cities Key Takeaways: Busy Ming has…
May 8, 2025
Parking garages are for Keytop

Keytop seeks to turn China’s parking pain into opportunity

The provider of smart parking technologies wants to capitalize on a shortage of spaces in Chinese cities as it looks to go public in Hong Kong Key Takeaways: Keytop has…
May 7, 2025
Three Squirrels fitting well with the “domestic demand” theme, on track to become the first “A+H” listed stock

Three Squirrels chases Hong Kong listing in scurry for offshore cash

The snack food maker is joining a wave of companies listed on China’s domestic A-share markets hoping to target global investors with second IPOs in Hong Kong Key Takeaways: China’s…
May 7, 2025
300783.SHE
Janbon makes silver powder for solar cells

Janbon makes contrarian IPO application into solar storm

The maker of a key component for solar cells remained profitable last year, even as many of the industry’s more downstream players sank into the red Key Takeaways: Janbon High…
May 6, 2025
Novosense makes automotive chips

Novosense eyes Hong Kong IPO as competition chips away at its cash

The analog chipmaker’s cash and margins dropped sharply last year, sending it into the red Key Takeaways: Novosense has filed for a Hong Kong IPO, posting strong revenue growth last…
April 29, 2025
Nanhua Futures filing for Hong Kong IPO as its global expansion efforts are encountering the setback of tariff war

Nanhua Futures steps up global journey with Hong Kong listing plan

The company’s planned Hong Kong IPO would complement its current Shanghai listing, and is part of efforts to advance its globalization strategy Key Takeaways: Nanhua Futures has filed to list…
April 29, 2025
603093.SHG
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BRIEF: Green Tea launches $156 million IPO, backed by eight cornerstone investors

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