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Horizon Robotics soar 29% in Hong Kong debut
Horizon Robotics shares open up 28.3% in Hong Kong trading debut
By Scott Murdoch and Donny Kwok SYDNEY (Reuters) -Shares of Chinese autonomous vehicle maker Horizon Robotics opened 28.3% higher on the Hong Kong stock exchange on Thursday after the company raised $696 million in an initial public offering.
Horizon Robotics soar 29% in Hong Kong debut as IPOs return in bumper week for fundraising
Beijing-headquartered tech firm, listed under the 9660 stock code, traded at HK$5.14 at the opening bell, up from its IPO price of HK$3.99.
China Market Update: Hong Kong IPOs Take Flight
Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty King Chulalongkorn the Great’s passing.
China Resources Beverage shares end 15% higher on Hong Kong IPO debut
Drinks maker China Resources Beverage's shares ended 15% higher in their Hong Kong debut on Wednesday, giving dealmakers hope that more big-ticket initial public offerings could be on the way. The company sold 347.
Horizon Robotics to Debut in Hong Kong After $696 Million IPO
Horizon Robotics Inc. will list its shares Thursday in Hong Kong after raising $696 million, adding to a flurry of deals that signal the end of a slump in initial public offerings in the Asian financial hub.
Baillie Gifford, Norges Said to Invest in Horizon Robotics Hong Kong IPO
Baillie Gifford & Co. and Norges Bank Investment Management were among the investors in Horizon Robotics’ $696 million Hong Kong initial public offering, according to people familiar with the matter.
Horizon Robotics raises $696m in Hong Kong’s IPO
Horizon Robotics, a Chinese autonomous driving company, has raised $696m (5bn yuan) through an initial public offering (IPO) in Hong Kong. This makes it Hong Kong’s largest IPO for the year, according to a report by Reuters.
Horizon Robotics launches Hong Kong IPO with Alibaba, Baidu support and TSMC manufacturing
Horizon Robotics, a Chinese autonomous driving technology provider, aims to raise US$696 million through its Hong Kong IPO, potentially providing a boost to the city's listing market after a prolonged downturn.
Horizon Robotics shares jump 28.3% in Hong Kong trading debut
Shares of Horizon Robotics soared 28.3% in its trading debut on Thursday after the Chinese autonomous vehicle maker raised $696 million in this year's largest initial public offering (IPO) in Hong Kong.
Horizon Robotics Gains 28% in HK Debut After $696 Million IPO
Shares of Horizon Robotics Inc. jumped 28% early in their trading debut in Hong Kong Thursday, adding to a flurry of deals that signal the end of a slump in initial public offerings in the Asian financial hub.
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Chery Holding Group Co. has picked China International Capital Corp., GF Securities Co. and Huatai International Ltd. to work ...
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Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new IPO launches in almost two years with deals opened to raise up to $1.3 ...
JD Supra
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Hong Kong IPO Updates – Enhanced Timeframe for the New Listing Application Process
Under the dual filing system in
Hong
Kong
, a listing applicant in a
Hong
Kong
IPO
will file its listing application with both the SFC and the Exchange. The filing of the listing application ...
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Intercont's IPO Plans Highlight Falling Revenue And Excessive Valuation
Limited filed proposed terms for a $30M US IPO and it faces significant operating and regulatory risks. Find out why NCT ...
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