A hydrogen listing, and a new China toy story
A young company called Scage is close to listing in New York through a backdoor SPAC merger. Is it really worth the high valuation it's seeking? And 52Toys has hired an investment bank for a Hong Kong IPO. Will it be able to sell investors on its toy story of rapid expansion and hot collectibles?
52Toys taps China’s designer toy boom in play for Hong Kong IPO
As China’s collectible toy market surges, the company is hoping to fund an aggressive expansion and build iconic IPs with a new listing Key Takeaways: 52Toys has hired investment banks…