Hong Kong Stock Exchange

Shein launches Hong Kong IPO at $27B, down 70% from peak

Online fast-fashion retailer Shein launched book building for its long-awaited Hong Kong initial public offering on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion) at a valuation that reflects a roughly 70% decline from its private market peak…

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Moore Threads eyes Hong Kong listing after 147% revenue surge

Chinese AI chip developer Moore Threads announced on Sunday that its board has approved a plan to issue H-shares and list on the main board of the Hong Kong Stock Exchange, as the company seeks to expand its international presence…

Shein seeks up to $40B valuation in Hong Kong IPO

Shein is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering it plans to launch as early as mid-August, Reuters reported on Tuesday, citing three people familiar with the matter. The target represents…

Shein clears Hong Kong listing hearing ahead of IPO

Shein Global Holdings has passed its listing hearing with the Hong Kong Stock Exchange, clearing one of the final hurdles before what is expected to be one of the exchange's largest initial public offerings this year. The online fast-fashion retailer…

Zhongji Innolight slips in Hong Kong debut after $6.8B IPO

Shares of Chinese optical transceiver maker Zhongji Innolight fell on Thursday after making their trading debut on the Hong Kong Stock Exchange, opening at HK$971 — below the offer price of HK$980 — in what was the city's largest listing…

Zhongji Innolight prices Hong Kong IPO at HK$980

Zhongji Innolight, the Chinese optical transceivers maker and major supplier to AI data centers, is set to price its Hong Kong initial public offering at HK$980 per share, below the maximum marketed price of HK$1,010, according to Bloomberg News and…

Moonshot AI targets $50B valuation ahead of Hong Kong IPO

Chinese artificial intelligence startup Moonshot AI is preparing to open discussions in August for a final fundraising round before a Hong Kong initial public offering, targeting a valuation of as much as $50 billion, according to Bloomberg News reporting cited…

Innolight begins investor meetings for $8B Hong Kong IPO

Zhongji Innolight, the Chinese optical transceiver maker that supplies more than half of Nvidia's optical modules, has begun meeting with investors for what could be Hong Kong's largest initial public offering in seven years. The Shenzhen-listed company may start taking…

Shein clears Hong Kong listing committee for IPO

Shein has won approval from the Hong Kong Stock Exchange listing committee for its initial public offering, three people with knowledge of the matter told Reuters Thomson Reuters Corporation on Friday, bringing the fast-fashion retailer a step closer to its…

Shein faces Hong Kong IPO hearing Thursday after China regulatory approval

Fast-fashion giant Shein has secured Chinese regulatory approval for a Hong Kong initial public offering, removing the final major hurdle in a six-year quest to go public that previously stalled in both New York and London. The company is now…

Shein’s executive chairman to step down as Hong Kong IPO nears

Donald Tang, the executive chairman of fast-fashion retailer Shein, will step down from his role as the company's long-pursued public offering nears completion, according to a Reuters exclusive published on Monday citing three sources with direct knowledge of the matter.

Shein wins China’s approval for Hong Kong IPO

Fast-fashion giant Shein secured approval from China's securities regulator on Friday to pursue a Hong Kong initial public offering, clearing the final major hurdle for a company that spent years trying — and failing — to go public in the…

Shein advances Hong Kong IPO preparations, eyes $1B+ raise

Shein Group Ltd. is pressing forward with preparatory work for a possible Hong Kong initial public offering, according to people familiar with the matter, in what would mark the culmination of a years-long effort by the fast-fashion giant to become…

Wall Street banks shut out of $5.8B Chinese AI deals in Hong Kong

Wall Street's largest investment banks were largely sidelined as Chinese artificial intelligence companies raised $5.8 billion through share sales in Hong Kong this week, underscoring the growing dominance of Chinese financial institutions in the city's capital markets.

Momenta prices Hong Kong IPO at top end, raising $751M

Chinese autonomous driving firm Momenta Global is set to begin trading on the Hong Kong Stock Exchange on Wednesday after pricing its initial public offering at the top end of its marketed range, raising HK$5.89 billion ($751 million) in one…