IPO - Bamboo Works - China stock insights for global investors

Slump from post-Covid high leaves Budweiser APAC with earnings hangover

Thu, 16 May 2024 23:02:40 +0000

The premium beer company has struggled to maintain its post-pandemic sales pace in a fiercely competitive market, but major sporting events later this year could boost demand Key Takeaways: 　 By Fai Pui It’s a bit like the downer after a party. Beer industry takings surged last year when China lifted its Covid restrictions, but.....

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Soft International seeks to soak up IPO funds using diapers sent to Russia, with love

Thu, 16 May 2024 05:50:32 +0000

The disposable diaper maker exports a majority of its products, selling more to Russia than it does in its home China market Key Takeaways: By Edith Terry An IPO listing document filed last week by Fujian-based Soft International Group Ltd. may be a first of its kind: a company that’s found a way to.....

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B&K Corp eyes IPO to keep its slow-developing drugs alive

Thu, 16 May 2024 03:11:05 +0000

The company focuses on wound-healing PDGF drugs and its core product, Pro-101-2, isn’t expected to enter Phase 3 clinical trials for at least three more years Key Takeaways: 　 By Molly Wen A recent rally that’s seen Hong Kong stocks charge into rare bull territory is injecting new life into the exchange’s moribund IPO market......

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Digital learning firm Shanghai Able targets tech upgrade

Sun, 12 May 2024 23:25:49 +0000

Boasting more than 27,000 online courses and backed by Sina and Baidu, the owner of China’s “Wisdom Tree” learning platform is seeking a Hong Kong IPO to boost spending on educational R&D Key Takeaways: By Li Shin Ta China’s education sector offers a case study in technology-driven change, with the rapid rise of virtual classrooms, digital.....

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Next stop for Geely-backed CaoCao: a Hong Kong IPO

Wed, 08 May 2024 00:10:16 +0000

The ride-sharing company has built partnerships with third-party platforms to mount a concerted challenge to the market leader, but the strategy carries risks Key Takeaways: By Ken Lo One of China’s top three ride-hailing services, CaoCao Inc., has set a course for the Hong Kong stock market. The company is aiming to deliver the sector’s most significant IPO since passenger.....

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Pony.ai gallops towards U.S. listing with eye on lower-tech autonomous driving

Tue, 07 May 2024 07:08:31 +0000

The company known for its robotaxis has been approved by China’s securities regulator to list in New York, as it downshifts its ambitions to boost its revenue more quickly Key Takeaways: By Hugh Chen Late last month, the automotive world was focused on Beijing as the city hosted China’s premier annual auto show. Among.....

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Super Hi boils up overseas with New York listing application

Sun, 05 May 2024 20:54:16 +0000

The international arm of hotpot giant Haidilao is trying to whet U.S. investor appetites with 23% revenue growth last year and its first-ever profit Key Takeaways: By Edith Terry When Super Hi International Holding Ltd. (9658.HK) filed an IPO prospectus for a second listing in New York on April 26, its current Hong Kong-listed.....

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Sunho Biologics gets green light for downsized IPO

Fri, 26 Apr 2024 03:37:41 +0000

The loss-making developer of cancer immunotherapies raised just enough financing last year to cross the valuation threshold for a Hong Kong listing Key Takeaways: 　 By Fai Pui The market conditions may be dire, but Chinese drug developer Sunho Biologics Inc. needs the cash. The loss-making biotech has secured the green light for an IPO,.....

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Mao Geping dolls up for Hong Kong IPO

Tue, 23 Apr 2024 23:32:24 +0000

The high-end cosmetics brand banks heavily on the name of its famous founder, which may be one of its biggest risks Key Takeaways: By Ken Lo Mao Geping made a name for himself as a makeup artist, touching up star actress Liu Xiaoqing in a popular TV drama about China’s most famous empress, Wu Zetian,.....

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Autostreets in the driver’s seat as China gets set for used car trading boom

Mon, 22 Apr 2024 04:10:06 +0000

The country’s leading used car trader has passed its listing hearing in Hong Kong, positioning it to complete its IPO in the coming months Key Takeaways: By Doug Young Autostreets Development Ltd., China’s leading provider of used car trading services, doesn’t look too exciting as an investment, at least based on its last three.....

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Zongmu joins autonomous driving queue at Hong Kong IPO tollgate

Tue, 16 Apr 2024 04:22:54 +0000

The maker of autonomous parking solutions is unlikely to impress investors with its big losses and anemic 6% revenue growth last year Key Takeaways: By Hugh Chen Autonomous driving has cruised back into the spotlight over the past year, as technologies that were once hyped – and then subsequently forgotten – finally start to.....

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Ximalaya aims high in third listing attempt

Mon, 15 Apr 2024 06:19:02 +0000

China’s leading podcast platform could become one of Hong Kong’s hottest tech offerings in recent years, boasting a huge base of loyal users and a recent move to profitability Key Takeaways: By Doug Young After an aborted listing attempt in New York back in 2021, followed not long after by another IPO application in.....

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