BRIEF: Newtrend launches Hong Kong IPO to raise up to $31 million
Sweetener maker Newtrend Technology Co. Ltd. (2573.HK) launched its Hong Kong IPO on Friday, aiming to raise up to HK$222 million ($31 million) through the sale of 10.6 million shares…
Trade war clouds sweetener giant Newtrend’s IPO plan
With more than one-third of its revenue tied to the U.S., the company’s Hong Kong IPO could face uncertainty as tariffs and overcapacity weigh on its prospects Key Takeaways: Newtrend’s…
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