This week, the Hang Seng Index fell 2.00% to 24870.51.

This week, the Hong Kong stock IPO market continues the heat of last week, a total of 6 new shares delivery form, no IPO news, 4 new share offerings, 4 new shares listed.

Among them, China is the leading provider of technology-enabled intelligent learning equipment services with a mature educational ecosystem.ShulangAccording to the Frost Sullivan report, in 2020, the company ranked second among intelligent learning equipment service providers in China in terms of total retail market capitalization, and in terms of total equipment shipments, the company ranks fifth among intelligent learning device service providers in China.

Hongcheng Environmental Technology (02265.HK) $The IPO performed well, with 18.02 times of margin subscription and HK $667 million of financing subscriptions. The IPO closed on November 3 and will be officially listed on November 10.

In addition,$UJU HOLDING (01948.HK) $The winning result will be announced on November 5 and will be listed on November 8. The number of applicants for the public placement of the stock is 12748, with a success rate of 15.7%.

A total of 6 IPOs in the past week:

Heneng HoldingsIt is a total of 63 residential and commercial property projects at different stages of development in China. Heneng Holdings is a veteran housing enterprise. according to public information, Heneng Holdings, founded in Hong Kong in 1992, is a comprehensive real estate developer, mainly focusing on the development, operation and management of residential and commercial properties. Chengdu is the core of the group's headquarters. layout of southwest, central and eastern China three major development economic belt cities.

Xingyuan powerMainly engaged in providing products or services related to heat exchange systems, diesel power units and special engines used in the oil and gas industry. In terms of China's 2020 earnings, the company is the largest manufacturer of heat exchange systems in diesel generator applications and Internet data centers, with a market share of about 9.4% and 17.6%, respectively. The company's own heat exchange system has a wide range of applications, including diesel generator sets and construction machinery.

ShulangIt is a service provider of intelligent learning equipment in China, focusing on designing, developing, manufacturing and selling all kinds of intelligent learning equipment embedded in comprehensive digital teaching assistance resources for primary and secondary school students, parents and school teachers in China. The company has become China's leading technology-enabled intelligent learning equipment service provider with a mature education ecosystem. As of the latest practicable date, the company had a cumulative total of about 5 million registered users, and as of October 2021, the company had more than 1.4 million monthly active users in the past 12 months.

Mingyu business serviceA property management service provider headquartered in Sichuan, China, whose property management and related services cover a wide range of property types, including offices, hotels, multi-functional commercial complexes, residential serviced apartments and communities, public property and industrial parks.

KK GroupIt is a trend retail enterprise for Generation Z (post-95,00). It is an offline store that brings together consumer brands loved by young people. According to Frost Sullivan, the group is the fastest growing trend retailer in China, with a compound growth rate of 246.2 per cent of gross merchandise turnover (GMV) from 2018 to 2020. KK Group has four retail brands, KKV, THE COLORIST toner, X11 and KK Pavilion. As of June 30, 2021, the total number of retail stores in China and Indonesia has reached 640.

Deying HoldingsIt is the second largest domestic role intellectual property company in China. It can earn 10 million yuan a year with only one famous duckling brand B.Duck, IP--. Intellectual property rights and their brands are at the core of the company's business. According to Frost Sullivan's report, the company is the second largest role intellectual property company in China in terms of role licensing revenue in 2020, ranking fifth among all role intellectual property companies in China, with a market share of about 2.4%.

No new shares have been heard this week, and we can look forward to the hearing of the table company and the subsequent listing performance.

There have been four IPOs in the past week, all of which have been closed for subscription.

Among them, Hongcheng Environmental Technology IPO performed well, with 18.02 times of margin subscription and HK $667 million of financing subscription. The IPO closed on November 3 and will be officially listed on November 10.

In addition, Bette Group Holdings, Beijing Jiaye, an Neng Logistics are in the process of offering shares. An Neng Logistics plans to issue 135 million shares at a price of HK $13.88-HK $16.88 each, which is expected to be listed on November 11.

Beijing Jiaye (02210.HK) $It is proposed to issue about 36.67 million shares at an issue price of HK $8.28 to HK $9.96 per share, which is expected to be listed on November 10. So far, it has raised HK $173 million and has been subscribed by margin development at 4.74 times.

In addition,$an Neng Logistics (09956.HK) $According to the announcement issued on October 30, the company has issued 80.22 million shares from November 1 to November 4, including a public offering of 8.022 million shares and an international offering of 72.198 million shares at an offering price of HK $13.88 to HK $16.88 per share. By the end of the IPO, the amount of financing subscribed reached HK $324 million.

An Neng Logistics, founded in 2010, is a national AAAAA-level integrated service-oriented logistics enterprise, mainly distributed in the less-than-truckload express market. At present, an Neng Logistics operates China's market-leading express network. It aims at the less-than-truckload freight subdivision track with relative room for improvement in the freight industry for more than a decade, and has grown into a leading truckload express network service provider in China's truckload market.

$Bette Group Holdings (01491.HK) $Has closed the offering, margin subscription reached 5.09 times, financing subscription of HK $89 million, will be officially listed on November 12.

There are four new shares listed this week.$minimally invasive robot-B (02252.HK) $The issue price was set at HK $43.20, up 2.87% before the deadline. The company is a leader in the domestic surgical robot industry. Through independent research and development and external cooperation, a comprehensive product portfolio consisting of one approved product and eight products under research has been established. The company's three-dimensional electronic endoscope dragonfly was approved in June 2021, endoscopic surgery robot Tumai completed clinical trials and submitted registration applications in May 2021, the company expects to be approved in 2022, and orthopaedic robot swans have also completed registered clinical trials. The company has advanced research and development progress, rich pipeline layout and broad space for long-term growth.