BRIEF: Mininglamp launches Hong Kong IPO to raise $131 million
Marketing software developer Mininglamp Technology (2718.HK) launched its Hong Kong IPO on Thursday, aiming to sell 7.2 million shares for HK$141 each to raise up to HK$1.02 billion ($131 million).…
Flowing Cloud taps investors for more cash as metaverse halo disappears
The marketing services provider, once billed as Hong Kong’s ‘first metaverse stock,’ plans to raise about $10 million through a share placement to ease its financial pressure Key Takeaways: Flowing…
Mininglamp IPO advances with key regulatory approval
China’s securities regulator has registered the leading marketing software maker’s Hong Kong listing, which could raise more than $100 million Key Takeaways: Mininglamp’s Hong Kong IPO has been approved by…
BlueFocus sets sights on Hong Kong IPO as revenue, margins slip
China’s leading provider of marketing services is joining a growing tide of Shanghai- and Shenzhen-traded companies making second listings in Hong Kong Key Takeaways: BlueFocus has filed for a Hong…
Shrinking Lemeng faces uphill road to New York IPO
The advertising services company’s revenue contracted 16% in the first half of 2023, as it seeks to raise about $20 million from a U.S. listing Key Takeaways: Lemeng’s revenue fell…
Insurance Marketer U-BX Pops Up in China-U.S. IPO Pipeline Despite Limited Potential
Provider of online promotion and other services for insurers seeks to raise as much as $33 million through a Nasdaq IPO Key takeaways: • Online insurance marketer U-BX has filed…
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