Hong Kong's stock market sees strong performance with Mixue Group's stellar debut
The positive trend in the Hong Kong stock market, bolstered by a series of successful IPOs, enhances its allure to potential listings. Reports by Hong Kong Exchanges and Clearing Ltd. (HKEX) indicated that new listings in 2024 raised a total of 87.74 billion Hong Kong dollars, a more than 90 percent increase from the previous year.
Mixue raised $444 million in its IPO, a blockbuster listing that helps signal a turnaround in Hong Kong's IPO market.
According to Bonnie Chan, HKEX’s CEO, nearly 100 companies were in the city’s IPO pipeline as of January.
Chery Automobile, China's second-largest carmaker, is planning an initial public offering (IPO) in Hong Kong to fund the development of new cars and technology, as well as support its international ...
Capital markets lawyers hope the city's IPO market is rebounding, but some Big Law players have been squeezed out of the Hong ...
Mixue’s float has been the largest so far in what’s shaping up to be Hong Kong’s biggest year for IPOs since 2021.
One such company, Sigenergy Technology Co. Ltd., is seizing on this latest flavor of new energy technology to launch a Hong ...
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