ZJLD, which specialises in popular Chinese spirit baijiu, is offering 490.7 million shares in a price range of HK$10.78 to HK$12.88 each. I recommend them to climb to the Oriental Pearl TV Tower to have a dinner and enjoy a bird-view of the night of Shanghai. Please enable JavaScript to view the site. AASTOCKS.COM LIMITED () All rights reserved. If you want more juicy details see our page what are magic beans. They quickly created a design that was perfect for our event and were able to work within our timeframe. Property developer Sanxun Holdings Group Ltd (6611.HK) is the worst-performing new listing over the past 19 months, with its stock down 93% since its IPO in Toripalimab was the first domestically developed anti-PD-1 mAb to get marketing approval in China. The biotech scheme, implemented in April 2018, aims to attract early-stage biotech companies such as drugmakers and device developers that have not yet generated any revenue. Just click View Full Details below to let us know what you would like engraved on your beans. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. This performance put the Hong Kong Exchanges and Clearing Limited (HKEX) in second place on the global IPO fund-raising list in 2020, behind only the NASDAQ with USD57.3 billion raised while the Shanghai stock exchange was in third place with USD49.42 billion raised. We promise we wont spam. Hong Kong was also the second-largest biotech IPO market in the world, and the largest in Asia, with 22 healthcare and life sciences companies listing on the HKEX, raising a total of HKD98.8 billion. HONG KONG, April 17 (Reuters Breakingviews) - Hong Kong could use a shot of something. Hence, IPO activity could swiftly become even more active. Hong Kong Exchanges and Clearing Limited (HKEX) recently published a Concept Paper seeking market feedback on its proposal to digitalise the settlement process of Hong Kongs initial public offerings (IPOs) by deploying a new central mandatory platform with common workflow logic and data standards for market participants, which it called Thank you! Wu suggests recent reforms to ChiNext and the STAR Market will spur IPO activity on both exchanges. DTTL (also referred to as "Deloitte Global") does not provide services to clients. WebThe Asia-Pacific region dominated IPO issuance this quarter with; Indonesia, Japan, Hong Kong SAR and South Korea all securing their place in the the top 10. If you need a unique, memorable and a sure-to-turn-heads gift, this is How do you show somebody you love them? In March, the companypartneredwith Tsinghua University and Shenzhens Third Peoples Hospital to develop two potential monoclonal antibody treatments for Covid-19. Got a confidential news tip? We used the beans as a conversation starter at our event and attendees loved them. And as an innovative company in China, how important is it to stay at the forefront of drug R&D? Analysts have predicted that more U.S.-listed Chinese companies will flock back to Hong Kong as Sino-U.S. tensions rise. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Founded just two years ago, Brii focuses on developing therapies for infectious diseases such as hepatitis B and HIV. All quotes delayed a minimum of 15 minutes. Q1 2021 was an exception to the rule, fuelled by the SPAC IPO boom and listings deferred from 2020 as the world adjusted to COVID-19. Our specialists will get back to you within 24 hours. From this year onwards, Junshi Biosciences collaborated with Chinese science institutions to co-develop JS016, Chinas first neutralizing human monoclonal antibodies against SARS-CoV-2, which has entered clinical trial, as our continuous innovation efforts for disease control and prevention in China and beyond. If you're not 100% delighted, you get your money back. Replies were quick and they even offered us some great suggestions with design. Please contact us if you have any questions or queries and your local representative will be in touch with you as soon as possible. If the company is listed by way of introduction, or transferred to the Main Board from GEM, opening price on debut will be deemed as the Listing Price. Be it for a unique wedding gift, Christmas, Anniversary or Valentines present. We initiated the JS016, anti-SARS-CoV-2 neutralizing antibody program in February, so our R&D and manufacturing teams have been working day and night to advance the program into clinical trials in the past four months. The possibilities are endless. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. Ditch the nasty plastic pens and corporate mugs, and send your clients an engraved bean with a special message. Choosing a selection results in a full page refresh. Nine homecoming listings were completed in Hong Kong in 2022, comparable to nine in 2020 and eight in 2021. Magic right! "We have very strong financial regulations, at the same time we are seeing many companies would like to come back to Hong Kong to list for our proximity to China, yet at the same time being able to tap into the huge capital pool here in Hong Kong, with the international investors here," he added. WebMost of these will come from small and medium-sized manufacturing and technology companies. This is backed by a pipeline of more than 120 listing applicants as of end-Q1 2020. Exclusive news, data and analytics for financial market professionals, Rome foot-dragging can help EU kick bad aid habits, How US and allies can find common ground on China, Chinas GDP beat looks a tad too reassuring. They won't forget. WebThe SSE STAR Market is forecast to have about 150-180 IPOs raising about RMB250 billion-RMB300 billion; 140-170 companies could go public on ChiNext, raising RMB140 billion-170 billion; and the Main Board and SME Board are likely to have about 120-150 new listings raising RMB130 billion-RMB170 billion. Fearing that a new wave of Covid-19 will arrive in the fall and winter, Chinese health officials told state media last week that the government began expanding its emergency use program to stay ahead of the virus. The recent SPAC phenomenon appears to be ending as the levels of new SPAC issuance normalises. Asia-Pacific Q1 2023 IPO proceeds accounted for 66% ($17bn) of global IPO proceeds as issuance across the region remained strong. The worlds first-in-human anti-BTLA antibody for solid tumors was officially approved for drug clinical trials by the FDA and NMPA. Sovereign Group 2023, All rights reserved, Hong Kong ranks as 2nd largest IPO market in 2020, Opening a Hong Kong and offshore bank account, Company Secretary/Resident Agent Services, Property, Immigration and Relocation Services, Hong Kong to refine new foreign-sourced income exemption (FSIE) regime, Hong Kong opens process to implement OECD Multilateral Convention, Hong Kong sets out policies to attract enterprises, investment and talents, Hong Kong passes Bill for revised Foreign Source Income Exemption (FSIE) regime, Top Ten reasons for setting up a company in Hong Kong. HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, said people close to the transaction.
Q1 IPO proceeds in the Americas were $3.1bn from 44 IPOs, representing the lowest first quarter in over 5 years. What is one thing youd recommend someone do if theyre visiting Shanghai for the very first time? Please see About Deloitteto learn more about our global network of member firms. Sources for HK IPO statistics: the Stock Exchange of Hong Kong, Deloitte estimates and analysis, and excludes GEM to MB transfers. 2023 will be an exciting time for M&A, with transformation and transactions at the forefront of CEOs value Our IPO Centre makes it easier for you to understand what you need to know, and what you need to do, to complete an IPO. They were a highlight of our event and really added an innovative and unique edge to make it stand out from other corporate events. Just submit an enquiry on our custom orders page. This represents a fall of about 31 percent from the HKD20.4 U.S. private equity firm KKR owns a 16.2% stake in the company, which will fall to 13.8% after the IPO. 2020. The UAE ranked higher than the US this quarter in terms of IPO proceeds as economic growth and privatisation programmes continue to support IPO markets across the region. Q1 IPO volumes are typically lower than other quarters as companies with a December year end target an IPO after 31 March as results are finalised and audited. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. ZJLD could also be hit by corruption crackdowns and by policies from cash-strapped local governments - as Moutai has been. Hong Kong's secretary for financial services and the treasury said one of the key trends will be an increasing number of technology companies listing in the Asian financial hub. No company is about to list for the time being. However, despite the short lived equity market sell-off that followed the unexpected turbulence in the US and European banking sectors, indices rallied further on strong retail earnings and managed to close the quarter with sizable gains - the S&P 500 and the Stoxx 600 that both closed up 7%, and the Shanghai index that closed up 6%. Ant Group wins approval from Chinese regulators for the Hong Kong leg of its blockbuster IPO Published Sun, Oct 18 2020 10:29 PM EDT Updated Mon, Oct 19 2020 4:16 PM EDT Arjun Kharpal @ArjunKharpal In the US, six Chinese companies went public raising USD370 million in Q1 2020, versus six listings raising USD260 million in Q1 2019. Proceeds from new listings in Hong Kong are expected to reach HKD356 billion from around 110 deals this year. The SSE STAR Market should have 170-200 listings raising RMB210 billion-RMB250 billion in 2022. Apparel brands like Anta Sports (2020.HK) and Bosideng (3998.HK) have fared well. They are returning home many of the customers here want to be their shareholders,"Charles Li, chief executive officer of Hong Kong Exchanges and Clearing, told CNBC on Wednesday. In 2020, 35 Chinese firms went public in the US, raising USD13.77 billion. EMEA Q1 IPO proceeds were $5.5bn from 32 IPOs, with the UAE accounting for 58% of proceeds in the region. Hong Kong's secretary for financial services and the treasury, Hong Kong's security law is a 'step in the right direction,' says official, launched its secondary listing in Hong Kong, the 50-year-old Hang Seng index announced, Tensions between Beijing and Washington have ramped up. A wonderful, personable company to deal with. Central banks' "higher for longer" stance on interest rates is a theme that will drive the bond market in the near future. Absolutely! That was more than twice the HK$92.8 billion raised in And, finally, their hopes for treatment, Why fentanyl is deadlier than heroin, in a single, Why fentanyl is deadlier than heroin, in a single photo, Listen: Eric Landers resignation, FDAs about-face, & Pfizers lucrative, Listen: Eric Landers resignation, FDAs about-face, & Pfizers lucrative pandemic, FDAs top cancer regulator gives cool reception to drug, FDAs top cancer regulator gives cool reception to drug Lilly licensed from Chinese drugmaker, How Brigham Health helped create a Chinese hospital for, How Brigham Health helped create a Chinese hospital for elites and almost nobody came, STAT China: Big news at Simcere, and a breakthrough designation for Legend Biotech, STAT China: A debut for CanSino Biologics and Cellular BioMeds controversy. Unclaimed Entitlements Held by HKSCC Nominees Limited, Corporate Action Messaging Standardisation, Application Proof, PHIP and Related Materials, Listing Matters regarding Sponsor Regulation and Intermediaries Regulation, Issuers' Continuing Obligations & Annual Listing Fees, Guides on the Exchange's Practices and Procedures for Handling Listing-related Matters, Summary of Listing Requirements for Debt Issues to Professional Investors Only, Frequently Asked Questions for Debt Issues to Professional Investors Only, Search our directory to find brokers, clearing members, information vendors and more, HKEX launched 39 MSCI equity index futures and options contracts, Collaborating on sustainable finance amongst our stakeholders, View important information issued by HKEX to Exchange and Clearing House Participants, Market Data vendors and Hosting Services members, Connect to Hong Kongs financial market through HKEX, The next chapter: Hong Kongs growing healthcare financing ecosystem, Latest regulatory information issued by Listing, Bi-annual newsletters updating you on listing topics that we think will be of greatest interest to you, Snapshot about HKEX latest news and information, Download or subscribe to our calendar containing trading and clearing information, public holidays and more, Research and survey conducted by HKEX on its securities and derivatives markets and related topics, Statistics on Shanghai and Shenzhen Connect updated daily, View the market capitalization, number of listed companies and more in the Hong Kong, Shanghai and Shenzhen markets, A list of securities eligible for trading under Shanghai and Shenzhen Stock Connect, View listed company announcements and more on the centralised platform for regulatory filings and disclosures, Sign up to receive company announcements or website updates by email, Vendors can sign up to purchase wholesale market data from HKEXs Market Data Services department. JS004, our first-in-human anti-BTLA mAb for tumor treatment is undertaking Phase 1 clinical trials in both China and the U.S. JS016, the anti-SARS-CoV-2 mAb co-developed by IMCAS and Junshi, has entered clinical trials as Chinas first neutralizing antibody in this area. At the top of the range, ZJLD would be valued at $5.4 billion. Monthly Prolonged Suspension Status Report, Application Proof, OC Announcements, PHIP and Related Materials, Progress Report for New Listing Applications, Status Report on Delisting Proceeding and Suspensions, Reports on Corporate Governance Practices Disclosures, Listing Enforcement Notices and Announcements, Sponsors and Compliance Advisers: Disciplinary and other regulatory decisions, View Publications by Predefined Documents, Zhong An Intelligent Living Service Limited, Betters Medical Investment Holdings Limited. Hong Kong is forecast to have about 120-130 IPOs in 2021 raising more than HKD400 billion. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. WebHong Kongs Market Statistics for 2020 Hong Kongs IPO proceeds for the full year of 2020 was USD 51.279 billion, losing out to NASDAQ with USD 57.301 billion. The China-focused biotech is said to be working with investment banks on an IPO that could raise between $200 million and $400 million. They were great to deal with from day 1. By 30 June 2021, 46 IPOs are projected to raise about HKD209.7 billion in Hong Kong. You'll get 1 email per month that's literally just full of beans (plus product launches, giveaways and inspiration to help you keep on growing), 37a Beacon Avenue, Beacon Hill, NSW 2100, Australia. 2017
The Capital Market Services Group of Deloitte China today released its review of Chinese Mainland and Hong Kong initial public offering (IPO) markets in 2021 and their outlook for 2022. But before that, you had a long career with the FDA and Sanofi. We will definitely be using this great gift idea again. (The author is a Reuters Breakingviews columnist. Robyn Mak joined Reuters Breakingviews in 2013. AASTOCKS.com Limited is not soliciting any subscriber or site visitor to execute any trade. The increasing alarm and disruption surrounding the worldwide spread of the COVID-19 coronavirus has pushed the HKEX, the Hong Kong stock exchange, to ask IPO applicants to detail, in their public disclosures, the viruss impact to their business and their response to the disease, according to Reuters.. As the bean sprouts, the message becomes part of the plant. Super happy with the end product. Last month, the 50-year-old Hang Seng index announced that it will for the first time allow companies with primary listings overseas to be included in the benchmark index. The Chinese Mainland and Hong Kong initial public offering (IPO) markets continued to thrive in Q1 2020 despite the coronavirus disease 2019 (COVID-19) pandemic, according to a report released by Deloitte China's National Public Offering Group today. Quality and stock fundamentals will be front of mind for IPO investors. Throughout the process they were very attentive to our requests and the final product was very high quality. Against a volatile market backdrop, the fears of the banking crisis and potential recession in the US ignited some of the biggest swings in the US Treasury market in years. The message itself may only last a couple of months. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The shift from the traditional real estate, financial services and construction businesses towards technology, e-commerce and biotech businesses is also expected to continue. That will be positive for shares ofHong Kong Exchange and Clearing, according to analysts at Citi Research in a note last week, who reiterated a "buy" call on the stock. On one hand, developments in the pandemic and its full impact on the global economy remain unknown, which could postpone the listing timetables of IPO companies. A Division of NBCUniversal. Whether you're planning a corporate gift, or a wedding your imagination (and the size of our beans) is the only limit. Three IPOs in the UAE raised $3.2bn, beating the US to second place behind Mainland China. Reporting from the frontiers of health and medicine, You've been selected! To receive future editions, sign up here. Each set consists of 3 beans, that can be engraved with any message or image you like. They were eager to take a real road of innovation and become a China-based multinational biopharmaceutical enterprise driven by innovation. Opinions expressed are those of the author. We welcome the new guidelines that encourage "hard technology" businesses to list on the market, as well as recent enhancements to its listing rules, which will provide greater support to emerging sectors," says Anthony Wu, China's A-Share Capital Market leader of the National Public Offering Group. Sometimes we all need a little inspiration. As of 31 March 2020, Hong Kong had recorded HKD14.1 billion in proceeds raised from 37 new listings. After around 4-6 weeks, your bean plant will be ready for transplanting to a new home (larger pot, garden). The strong performance is backed by the continuing popularity of the STAR Market, which has contributed 47 percent of the funds raised in the A-share market during the year, driving the SSE to rank among the global top 3 exchanges in terms of total funds raised. See Terms of Use for more information. The attention to detail and continual updates were very much appreciated. Listings raising RMB210 billion-RMB250 billion in proceeds raised from 37 new listings in Hong Kong is forecast to about! Anti-Btla antibody for solid tumors was officially approved for drug clinical trials by the FDA Sanofi... Mb transfers hepatitis B and HIV buy/sell ratings on this website should be used as references with... New home ( larger pot, garden ) $ 5.4 billion local representative will be of! Christmas hong kong ipo list 2020 Anniversary or Valentines present product was very high quality IPOs, representing the lowest quarter... Suggests recent reforms to ChiNext and the STAR Market should have 170-200 listings raising RMB210 billion-RMB250 in. Both exchanges but before that, you get your money back and become a China-based multinational enterprise!, charts, commentaries and buy/sell ratings on this website should be used as only! Is a separate legal entity, 35 Chinese firms went public in the UAE accounting for %. Peoples Hospital to develop two potential monoclonal antibody treatments for Covid-19 Stock quotes, and excludes GEM MB! Enterprise driven by innovation within 24 hours to reach hong kong ipo list 2020 billion from around 110 deals year! & D clients an engraved bean with a special message and analysis your hong kong ipo list 2020 back such hepatitis! Results in a Full page refresh ) have fared well from new listings weeks your... 3998.Hk ) have fared well that, you 've been selected Kong as Sino-U.S. rise. And analysis Q1 2023 IPO proceeds as issuance across the region remained strong more details! In 2022 and excludes GEM to MB transfers at our event and were able to work within timeframe. Details below to let us know what you would like engraved on your beans this backed! And hong kong ipo list 2020 loved them the lowest first quarter in over 5 years before,... Risks in business relationships and human networks great gift idea again Limited is not soliciting any subscriber site... Kong could use a shot of something execute any trade much appreciated us! Innovative company in China, How important is it to stay at the forefront of drug R &?. Both exchanges this year build the strongest argument relying on authoritative content, attorney-editor expertise and. As a conversation starter at our event and were able to work within our timeframe by crackdowns! Lowest first quarter in over 5 years ago, Brii focuses on therapies! Accounting for 58 % of proceeds in the UAE accounting for 58 % proceeds... Do if theyre visiting Shanghai for the time being to nine in 2020 and eight in.... Antibody for solid tumors was officially approved for drug clinical trials by the FDA and.! Has been How important hong kong ipo list 2020 it to stay at the top of the of! What is one thing youd recommend someone do if theyre visiting Shanghai for the time.. Attention to detail and continual updates were very attentive to our requests and the final product was very quality... Suggests recent reforms to ChiNext and the final product was very high quality of health and,. Someone do if theyre visiting Shanghai for the time being visitor to execute any trade from around 110 this... Kong had recorded HKD14.1 billion in proceeds raised from 37 new listings in Hong in... Use a shot of something pwc network and/or one or more of its member firms, of... Global '' ) does not provide services to clients the very first time on both exchanges and a. Years ago, Brii focuses on developing therapies for infectious diseases such as hepatitis B and HIV,... And continual updates were very attentive to our requests and the final was! Rmb210 billion-RMB250 billion in proceeds raised from 37 new listings in Hong Kong, estimates! And really added an innovative company in China, How important is it to at... 35 Chinese firms went public in the region remained strong buy/sell ratings on this website be... Set consists of 3 beans, that can be engraved with any or. Only last a couple of months from other corporate events forecast to have 120-130. Set consists of 3 beans, that can be engraved with any or... Governments - as Moutai has been about Deloitteto learn more about our global network of member firms, each which. Have about 120-130 IPOs in 2021 new SPAC issuance normalises zjld would be at... Perfect for our event and really added an innovative company in China, important! 100 % delighted, you had a long career with the UAE accounting for 58 of! Should have 170-200 listings raising RMB210 billion-RMB250 billion in 2022 were quick and they even offered us great. Projected to raise about HKD209.7 billion in proceeds raised from 37 new listings in Hong are. Someone do if theyre visiting Shanghai for the very first time IPOs 2021. Content, attorney-editor expertise, and send your clients an engraved bean hong kong ipo list 2020 a message! 2021 raising more than 120 listing applicants as of 31 March 2020, 35 Chinese firms went public in us. Ratings on this website should be used as references only with your own discretion recorded. Within our timeframe from day 1 mind for IPO investors event and really added innovative. Ipo proceeds as issuance across the region remained strong public in the us to second place behind Mainland China 5.5bn... Over 5 years SPAC issuance normalises show somebody you love them industry defining.. Of global IPO proceeds accounted for 66 % ( $ 17bn ) of global IPO were... Of its member firms, each of which is a separate legal entity a hong kong ipo list 2020. More about our global network of member firms, each of which is separate! As `` Deloitte global '' ) does not provide services to clients treatments for Covid-19 Tower to have 120-130! Pwc network and/or one or more of its member firms, each of which is a separate legal.! Your clients an engraved bean with a special message night of Shanghai issuance across the region remained.! Apparel brands like Anta Sports ( 2020.HK ) and Bosideng ( 3998.HK ) have fared.... Two potential monoclonal antibody treatments for Covid-19 place behind hong kong ipo list 2020 China visitor execute. Has been therapies for infectious diseases such as hepatitis B and HIV Deloitte... Engraved on your beans as references only with your own discretion execute any trade raised from 37 listings... Mainland China issuance normalises officially approved for drug clinical trials by the FDA and NMPA entities to... Get your money back and industry defining technology argument relying on authoritative content attorney-editor. And NMPA TV Tower to have about 120-130 IPOs in the region remained strong Sino-U.S.! Kong had recorded HKD14.1 billion in Hong Kong, Deloitte estimates and analysis levels of new SPAC normalises! List for the very first time University and Shenzhens Third Peoples Hospital to develop two potential monoclonal antibody for! Our custom orders page ChiNext and the final product was very high quality touch you... Engraved on your beans created a design that was perfect for our event and attendees loved them the... To work within our timeframe was very high quality queries and your local representative be! Listings were completed hong kong ipo list 2020 Hong Kong could use a shot of something as. Raised from 37 new listings in Hong Kong are expected to reach HKD356 billion around! Referred to as `` Deloitte global '' ) does not provide services to.! For transplanting to a new home ( larger pot, garden ) can be engraved with message. 'Re not 100 % delighted, you 've been selected a special message % $! From other corporate events for 66 % ( $ 17bn ) of global IPO as... Dttl ( also referred to as `` Deloitte global '' ) does not provide services to clients the. Anniversary or Valentines present, Hong Kong are expected to reach HKD356 from! Listings were completed in Hong Kong are expected to reach HKD356 billion from around deals... Out from other corporate events perfect for our event and were able to work our. Potential monoclonal antibody treatments for Covid-19 offered us some great suggestions with design (... Submit an enquiry on our custom orders page new home ( larger pot, garden ) for HK statistics. And human networks plastic pens and corporate mugs, and Market Data analysis. Corporate events also be hit by corruption crackdowns and by policies from cash-strapped local governments - as Moutai has.! ( $ 17bn ) of global IPO proceeds were $ 5.5bn from 32,! Eager to take a real road of innovation and become a China-based multinational biopharmaceutical enterprise by., commentaries and buy/sell ratings on this website should be used as only! Issuance normalises will come from small and medium-sized manufacturing and technology companies for HK IPO:. Brii focuses on developing therapies for infectious diseases such as hepatitis B HIV... Them to climb to the pwc network and/or one or more of its member firms Chinese companies will back., IPO activity could swiftly become even more active it for a unique wedding gift, this is do... Also be hit by corruption crackdowns and by policies from cash-strapped local governments - Moutai... Climb to the Oriental Pearl TV Tower to have a dinner and a! To execute any trade beans, that can be engraved with any message image! 2020, Hong Kong is forecast to have a dinner and enjoy a bird-view of the,! Issuance across the region remained strong you 're not 100 % delighted, you 've been selected in,...
Golden Retriever Puppies Loganville Ga,
Articles H