Fiona Lau
Stories by Fiona Lau
China Renaissance seeks up to $800m in Hong Kong IPO
The investment bank is targeting a valuation of between $4 billion and $5 billion.
China’s Xiaomi secures 7 cornerstone investors including Qualcomm for $6.1b IPO
Xiaomi had been expected to raise up to $10 billion, split between its Hong Kong and mainland offerings.
China’s Xiaomi plans to raise up to $6.1b in Hong Kong IPO
The cornerstone investors are expected to buy about 15% of the shares being offered in the IPO.
China’s Lufax targets up to $2b raise in fresh funding amid delayed listing
Lufax seeks to fund growth while its IPO is on hold due to changing regulation in consumer lending, a core business.
Xiaomi’s $10b July IPO plan has a $3b CDR component
Xiaomi is likely to be among the first overseas-listing Chinese tech firms to seek a secondary listing in China under plans for so-called Chinese
Nasdaq-listed Chinese internet firm Sina plans secondary listing in Hong Kong
The listing plan comes at a time when Hong Kong Exchanges and Clearing has loosened its rules to woo Chinese new-economy companies.
Riding on trend, Chinese bitcoin mining equipment makers plan $1b HK listings
Canaan Creative filed a listing application to the HKEX on Monday while Zhejiang Ebang has also started working with advisers on a proposed HK float o
China’s fashion e-commerce platform Meili targets $500m in US IPO
The float will add to a busy pipeline of Chinese tech companies that are seeking to go public this year.
Tencent Music said to invite banks to pitch for up to $4b US IPO
Tencent Music is seeking an IPO valuation of about $25 billion.
Two Chinese biotech firms drop US listing plans, tap HK for $800m floats
Fidelity Investments-backed Innovent Biologics and Ascentage Pharma both plan to float in the second half of this year.