Edition:
HIGHLIGHTS
Donald Trump’s China policy
NEW
US-China relationsHong Kong economy
News
Hong KongChinaEconomyAsiaWorldSportThis Week in AsiaUS Elections
Business & Tech
BusinessTech
Opinion
Latest
Lifestyle
LifestylePeople & CultureStylePostMagK-popOutdoorCooking
More +
VideoTalking PostSCMP FilmsInfographicsPicturesPodcastsSCMP SeriesExplainedSCMP SpotlightNewslettersSpecial Reports
Topics
Donald Trump’s China policyUS-China relationsHong Kong’s Article 23 national security lawChina’s militaryChina's economic recoveryTrending in ChinaTaiwanChina’s Communist PartyUkraine warWellness
Focus
Greater Bay Area
Advertisement
avatar image
TOPIC

IPO

IPO
Latest news and analysis on initial public offerings (IPOs), with a particular focus on companies raising funds on the Hong Kong Stock Exchange.
The buffalo statues are seen in Hong Kong’s Exchange Square. The city is looking forward to an inrush of IPOs despite the chaos caused by US President Donald Trump’s tariffs. Photo: Shutterstock
Hong Kong economy

Editorial | Hong Kong remains braced for an IPOs windfall despite Trump factor

The city’s stock exchange aims to regain its global top spot for offerings as investors return to Chinese equities.

Banking & finance

Chinese stocks get ‘shot in the arm’ from stimulus: HSBC survey

HKEX

Hong Kong climbs up the IPO league table to fourth as fundraising jumps fourfold

Banking & finance

JD Industrials, Unisound AI revive Hong Kong IPOs amid Chinese rush

Third time could be the charm for JD.com’s industrial unit, which may raise up to US$1 billion amid improved sentiment, a source says.

People walk through Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing, on March 28, 2025. Photo: Matthew Miller
Mergers & Acquisitions

Hutchison says it is evaluating spin-off of global telecoms business

‘From time to time, the [group] receives proposals and explores and evaluates opportunities that may be available,’ Hutchison said in a statement.

11
CATL

CATL gets CSRC’s nod for Hong Kong IPO to raise at least US$5 billion

CATL plans to sell up to 220.17 million shares and could raise at least US$5 billion to fund new factories overseas.

Advertisement
Advertisement
Advertisement
US-listed Chinese stocks

Chinese tea chain Chagee reveals revenue surge in US IPO filing

Net revenue nearly tripled to US$1.71 billion in 2024, company says as it prepares for Nasdaq listing.

A Chagee store in Beijing, pictured on October 1, 2023. Photo: Shutterstock
Banking & finance

Hong Kong deepens push into AI, tech to boost its edge over Singapore: Paul Chan

Artificial intelligence is the future, as it has the potential to boost Hong Kong’s competitiveness, financial secretary says.

Banking & finance

Hong Kong orders brokers to rein in credits to pre-empt IPO madness

Futu Securities, the city’s biggest online broker, said the SFC directive might cool the IPO market frenzy a bit.

Banking & finance

Hong Kong widens lead over Singapore as Asia’s top financial centre: report

Nine of the top 20 global centres maintained their ranking, suggesting confidence in the financial sector amid slow economic growth.

videocam
9
Hong Kong’s financial district, taken from The Peak in February 2025. Photo: Sam Tsang
Banking & finance

China’s brokerage sector sees mega-mergers but remains competitive, fragmented

China’s intensely competitive securities sector, with more than 140 firms, has been repeatedly pulled up by regulators, S&P Global says.

Late last year, Guotai Junan Securities and Haitong Securities announced a 103 billion yuan merger to create China’s biggest brokerage. Photo: Shutterstock
Banking & finance

Apple supplier Lens Technology joins Chinese firms planning Hong Kong IPOs

Avatr Technology, Shenzhen-listed Changan Automobile’s EV company, is also reportedly considering a US$1 billion Hong Kong listing.

Wealth management

Hong Kong finance chief sees US$20 billion of IPOs this year on tech optimism

Companies could raise between US$17 billion and US$20 billion this year, Paul Chan tells tech forum.

Banking & finance

Hong Kong stock exchange says ‘Sawasdee’ to Thai companies

Thailand’s stock market is the third largest in Southeast Asia and 25th globally, according to the World Bank.

Thailand is home to companies from many dynamic sectors, including energy, healthcare, and technology, HKEX says. Photo: Nora Tam
Hong Kong stock market

Chinese pork producer Muyuan mulls US$1 billion secondary Hong Kong listing

Shenzhen-listed Muyuan is looking to hire banks for a possible share sale sometime this year, according to sources.

Muyuan Foods is one of the world’s biggest pig breeders and pork producers. Photo: Reuters
Banking & finance

Exclusive | Beijing could explore adding Hong Kong IPOs to ‘connect’ scheme: HSBC APAC chair

‘An IPO connect can meet the demand for mainland investors to invest in global assets,’ Peter Wong says.

4
Banking & finance

China fresh-tea brand Chagee follows Mixue, Guming in IPO rush

Company receives approval for Nasdaq or NYSE listing after Beijing’s pledge to help more mainland companies raise funds.

Advertisement
Advertisement
Advertisement
Banking & finance

Hong Kong to benefit from AI, China opening, Asia wealth: think tank

The government think tank will undertake roadshows worldwide to highlight growth opportunities in the city, chairman Benjamin Hung says.

Benjamin Hung, chairman of the Financial Services Development Council, says the think tank will undertake roadshows to promote the city to foreign investors. Photo: Dickson Lee
Banking & finance

BYD raises up to US$5 billion in stock sale to fund its EV research

The carmaker will use the proceeds from the share placement for research and development and overseas expansion.

videocam
Hong Kong stock market

Mixue’s stock surges in milk tea vendor’s Hong Kong IPO debut

Shares of the Zhengzhou-based company rose by 43 per cent to HK$290 on Monday.

Hong Kong stock market

Chinese consumer stocks are in demand as Mixue rides Hong Kong IPO revival

Consumer stocks have gained 23 per cent this year, according to one Hang Seng yardstick, as DeepSeek helped with a broader market re-rating.

A large screen showing major Hang Seng indices inside the Hong Kong stock exchange building in Central. Photo: Nora Tam
Banking & finance

Mixue’s big IPO powered by prowess in procurement, production, prices: analysts

The company’s ‘comprehensive end-to-end supply chain’ helps it sell bubble tea, ice cream at ultralow prices.

An employee packs a bag at a Mixue store in Mong Kok. Photo: Reuters
Japan

Chinese carmaker Chery files Hong Kong IPO application

China’s second-largest carmaker lists China International Capital Corp, Huatai Securities and GF Securities as joint IPO sponsors.

videocam
Retailing

FMG, Chinese fast-fashion brand Urban Revivo’s parent, eyes rapid expansion

Planned locations include Tokyo, London, Hong Kong and possibly Dubai, following New York launch.

videocam
Banking & finance

Chinese IT firm Unisplendour targets US$1 billion Hong Kong listing

More mainland-listed companies are making their way to Hong Kong to raise funds amid improved market sentiment and regulatory support.

Human workers and robotic systems labour on a production line of Unisplendour in Xiaoshan District of Hangzhou, in east China’s Zhejiang Province, on April 27, 2023. Photo: Xinhua
HKEX

HKEX’s 2024 profit rises to a record as stock trading is hot again

Net profit in 2024 rose 10 per cent to HK$13 billion (US$1.7 billion), aided by higher fees from handling market transactions and new stock listings.

Hong Kong Exchanges and Clearing operates Asia’s third-largest stock exchange. Photo: Edmond So
Hong Kong budget 2025-26

Budget 2025: Hong Kong to boost role in wealth, IPOs, digital assets, yuan

‘We are pressing ahead with high-quality development of Hong Kong’s international financial market,’ financial secretary says.

videocam
Banking & finance

Mixue IPO sets record with nearly US$206 billion in retail subscriptions

Drinks chain is expected to begin trading on March 3 in Hong Kong.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement