Latest news with #HongKongListing
Yahoo
11-07-2025
- Business
- Yahoo
Shein reportedly files for Hong Kong listing
-- Fast-fashion retailer Shein Group Ltd. has confidentially filed a draft prospectus for a Hong Kong listing, according to a Bloomberg report on Friday. The Singapore-headquartered company, which was founded in mainland China, is taking another step toward becoming a publicly traded company. However, details such as timing and size of the potential offering remain unclear, and no final decisions have been made, the report added. Before proceeding with a Hong Kong listing, Shein still needs to secure approval from Chinese regulators. The company had previously targeted an initial public offering in the United States, but those plans were derailed amid scrutiny of its supply chain and labor practices. If Shein successfully lists in Hong Kong, it would represent a significant win for the Asian financial hub, which is having its strongest year for share listings since 2021. Related articles Shein reportedly files for Hong Kong listing Nvidia closes above $4 trillion for the first time Nvidia's Huang meets Trump ahead of China trip, Bloomberg reports Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
09-07-2025
- Business
- Yahoo
Apple supplier Lens Tech said to price US$607 mil Hong Kong listing at top of range
The company, which makes mobile-phone-glass covers and other components for consumer electronics, joins the growing wave of China-listed companies seeking to go public in Hong Kong. Apple supplier Lens Technology Co. has raised HK$4.8 billion ($781 million) after pricing its Hong Kong listing at the top of the marketed range, according to people familiar with the matter. The Shenzhen-listed company has sold 262.3 million shares at HK$18.18 each, the people said, asking not to be identified because the information isn't public. Lens Technology had offered the shares at HK$17.38 to HK$18.18 apiece. The HK$18.18 price reflects a discount of 30% to Lens Technology's closing price of 23.74 yuan on Friday. A representative for Lens Technology declined to comment. The company, which makes mobile-phone-glass covers and other components for consumer electronics, joins the growing wave of China-listed companies seeking to go public in Hong Kong. Lens Technology expects the shares to start trading in the city on Wednesday. Proceeds from the sale will be used to expand the company's product and service portfolio, broaden its overseas presence and production capacity, as well as for work on smart-manufacturing projects such as automated industrial systems, according to a prospectus for the listing. Citic Securities Co. is the sole sponsor for Lens Technology's listing. See Also: Click here to stay updated with the Latest Business & Investment News in Singapore How Xiaomi succeeded where Apple failed Hong Kong to reclaim top spot in global IPOs: PwC Gold miner Shanjin Int'l said to pick banks for Hong Kong listing Read more stories about where the money flows, and analysis of the biggest market stories from Singapore and around the World Get in-depth insights from our expert contributors, and dive into financial and economic trends Follow the market issue situation with our daily updates Or want more Lifestyle and Passion stories? Click hereError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
07-07-2025
- Business
- Bloomberg
Apple Supplier Lens Tech Said to Price $607 Million Hong Kong Listing at Top of Range
Apple Inc. supplier Lens Technology Co. has raised HK$4.8 billion ($607 million) after pricing its Hong Kong listing at the top of the marketed range, according to people familiar with the matter. The Shenzhen-listed company has sold 262.3 million shares at HK$18.18 each, the people said, asking not to be identified because the information isn't public. Lens Technology had offered the shares at HK$17.38 to HK$18.18 apiece.
Bloomberg
02-07-2025
- Business
- Bloomberg
AirPod Maker Luxshare Is Said to Pick Banks for HK Listing
Luxshare Precision Industry Co. is working with China International Capital Corp., Citic Securities Co. and Goldman Sachs Group Inc. on its planned Hong Kong listing, according to people familiar with the matter. The Shenzhen-listed Apple Inc. supplier is aiming to raise more than $1 billion in a share sale that could take place as soon as this year, the people said, asking not to be identified because the information isn't public.
Bloomberg
29-06-2025
- Business
- Bloomberg
Apple Supplier Lens Tech Seeks Up to $606 Million in HK Listing
Lens Technology Co., a supplier to Apple Inc., is seeking to raise as much as HK$4.8 billion ($606 million) in a Hong Kong listing, the latest Chinese company to seek a second trading foothold in the financial hub. The Shenzhen-listed company is selling 262 million shares at HK$17.38 to HK$18.18 each, according to a stock exchange filing on Monday. That represents a discount of as much as 28% to its last close in Shenzhen of 22.06 yuan. Lens Technology expects the shares to start trading in Hong Kong on July 9.
