66 h. ago Chery’s stock to debut in third quarter in carmaker’s Hong Kong IPO

Chery Automobile, China’s second-largest automobile maker by volume, is aiming to complete its initial public offering (IPO) in Hong Kong in the third quarter of this year, said its chairman. The company, based in Wuhu city in eastern China’s Anhui province, has filed its intention to list on the Hong Kong stock exchange and use the city as its springboard for venturing into the global market, said Yin Tongyue during the 2025 Automotive Expo in the city. “We hope to have more of our...

Politics

66 h. ago Chery to debut in third quarter as carmaker uses Hong Kong as a springboard

Chery Automobile, China’s second-largest carmaker by volume, is seeking to complete its Hong Kong initial public offering (IPO) in the third quarter of this year, its chairman said. At the 2025 International Automotive & Supply Chain Expo in Hong Kong on Thursday, Yin Tongyue said the company was seeking to use the city as a launching pad into the global market. Chery, based in Wuhu in eastern Anhui province, has filed its intention to list on the Hong Kong stock exchange. “We hope to have more...

Politics

3 d. ago Haitian eyes US$1.22 billion Hong Kong IPO, one of the year’s largest

Foshan Haitian Flavouring and Food Company, the largest listed condiment producer in mainland China, is seeking to raise up to HK$9.56 billion (US$1.22 billion) in Hong Kong, marking one of the city’s largest initial public offerings (IPOs) this year and giving a boost to its status as a world-leading fundraising hub. The company is offering 263.2 million H shares at a maximum price of HK$36.30 each, with the final offer price to be determined on or before June 17, Haitian said in a statement to...

Economics

3 d. ago Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed a fundraising plan aimed at bolstering its international expansion, but details about the share offering were still in the...

Science

5 d. ago HSBC to grow investment bank to serve rising demand for IPOs

HSBC will expand its investment banking business to serve the rising demand of companies from Asia and the Middle East for initial public offerings (IPOs), said the co-CEOs of the bank’s biggest profit centre. The plan aligns with the bank’s restructuring to focus on high-return areas like Hong Kong and India, as well as exit low-profitability markets like Europe and the US. Hong Kong sits atop the world’s IPO league table, after 27 companies raised US$9.96 billion this year as of last week,...

Economics

8 d. ago After CATL’s spark, China’s EV players bank on Hong Kong IPOs for growth funds

More than a dozen smart mobility companies from mainland China are making a beeline to raise funds in Hong Kong, capitalising on the growing appetite among global investors for the country’s unpolished industrial gems. The prospective initial public offerings (IPOs) from electric vehicle (EV) assemblers like Chery Automobile and Seres Group to autonomous driving technology providers such as Pony.ai are expected to enhance China’s leading automotive technologies on the global stage, bankers and...

Economics

8 d. ago Hong Kong IPO Rules Tested as China Firms Weigh US Delistings

Hong Kong IPO Rules Tested as China Firms Weigh US Delistings  Bloomberg

Economics

1 week ago Biotech firm touts new AI drug discovery amid third Hong Kong IPO attempt

Biotechnology firm Insilico Medicine said its new drug for lung disease, designed with the help of artificial intelligence (AI), showed positive results in the latest clinical trials, as the company pushes for a public listing in Hong Kong. Insilico found that its new small-molecule drug candidate, rentosertib, designed with its AI platform Chemistry42, was “generally safe and potentially effective” for treating idiopathic pulmonary fibrosis (IPF), according to its phase 2A clinical trial...

Economics

2 w. ago Hong Kong to dominate 2025 IPOs as mainland Chinese firms rush to list: UBS

Hong Kong is poised to be the world’s top initial public offering (IPO) venue at the end of the year, as a surge in listings by high-quality Chinese companies coincides with interest from global investors seeking alternatives to US assets, according to UBS Group. The city’s stock market had taken the lead in global IPO rankings, with investor interest, liquidity and turnover exceeding expectations, said Edwin Chen, Beijing-based co-head of global banking at UBS Securities, the wholly owned...

Economics

2 w. ago Hong Kong to ride IPO wave as global investors pour in, JPMorgan says

A number of companies will attract support like CATL did in its US$4.6 billion debut, JPMorgan’s Paul Uren says.

Economics

2 w. ago In picking Hong Kong over New York, CATL’s IPO was a strategic move

CATL’s geopolitical moves, from spurning Wall Street to partnering Indonesia’s green transition, speak volumes about the future of competition.

Politics

2 w. ago Hong Kong’s ‘bustling’ IPO market exceeds HK$76 billion mark this year

Battery giant powers the city back to global IPO top spot as finance chief highlights ties with the mainland as key to long-term development.

Economics

3 w. ago CATL’s 12.5% debut in the year’s biggest IPO boosts Hong Kong to No. 2 in global ranks

EV battery maker sold 135.6 million shares at HK$263 apiece; final size could increase to HK$41 billion with an overallotment option.

Politics

3 w. ago CATL’s 12.5% debut in the year’s biggest IPO boosts Hong Kong to No 1 in global ranks

EV battery maker sold 135.6 million shares at HK$263 apiece; final size could increase to HK$41 billion with an overallotment option.

Politics

3 w. ago CATL’s 16.4% debut in the year’s biggest IPO boosts Hong Kong to No 1 in global ranks

EV battery maker sold 135.6 million shares at HK$263 apiece; final size could increase to HK$41 billion with an overallotment option.

Politics

3 w. ago Shares in China's CATL jump over 18% in Hong Kong debut after biggest IPO of the year

Shares in China's CATL jump over 18% in Hong Kong debut after biggest IPO of the year  CNBC

Politics

3 w. ago Shares in China's CATL jump over 16% in Hong Kong debut after biggest IPO of the year

Shares in China's CATL jump over 16% in Hong Kong debut after biggest IPO of the year  CNBC

Politics

3 w. ago Tycoon Richard Li’s insurer FWD files to list in Hong Kong amid rising IPO wave

The insurer has received preliminary interest from potential investors for its third attempt to list in Hong Kong, sources say.

Politics

3 w. ago Third time lucky? Richard Li’s insurer FWD files to list in Hong Kong amid rising IPO wave

The insurer has received preliminary interest from potential investors for its third attempt to list in Hong Kong, sources say.

Politics

3 w. ago Hong Kong will weather tariff storm, finance chief says, touting ‘brisk’ IPO market

Paul Chan confident city heading in right direction and points to coming listing of mainland new energy firm, set to be world’s biggest of year so far.

Economics