Obesity drug maker Sciwind targets IPO, with heavyweight backers
Supported by Tencent and Meituan, the biotech aims to launch a targeted GLP-1 drug next year that could challenge established products, but it faces stiff competition Key Takeaways: • Clinical…
NEWS WRAP: Hithium likely to continue Hong Kong IPO process after initial application
The energy storage company’s initial filing expired after a six-month limit, with an update likely by year-end as it reports rapid growth for its international and storage systems businesses By…
BRIEF: Hipine surges in Hong Kong trading debut
Shares of gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) roared out of the gate in their Hong Kong trading debut on Tuesday, opening up 184% and continuing to rise…
BRIEF: Pateo jumps in Hong Kong trading debut
Shares of smart cockpit technology maker Pateo Connect Technology (Shanghai) Co. Ltd. (2889.HK) opened up 32% in their Hong Kong trading debut on Tuesday, and continued to climb during the…
BRIEF: Hipine launches Hong Kong IPO to raise up to $44 million
Gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) launched its Hong Kong IPO on Friday, planning to sell 10.6 million shares for between HK$27 and HK$29.60 each to…
BRIEF: GenFleet shares double in heavily oversubscribed IPO
Shares of biopharmaceutical firm GenFleet Therapeutics (Shanghai) Inc. (2595.HK) opened up 116% in their Hong Kong trading debut on Friday, and held on to the gains to close up more…
BRIEF: Chery launches blockbuster IPO likely to become this year’s largest new car listing
Car maker Chery Automobile Co. Ltd. on Wednesday launched its Hong Kong IPO, aiming to raise more than $1 billion in what’s likely to become the largest listing by a…