The Hong Kong IPO market is still hot in 2022.
As of February 28, 61 new listing applications have been submitted on the Hong Kong Stock Exchange in 2022, excluding some secret forms and those that have passed the hearing.NIO Inc.(NIO), on February 28th, 2022 alone, the HKEx website disclosed the prospectuses of 11 proposed listed companies in one day.
Among the 11 watch delivery companies, except for the V3 brand from Singapore, Fuwei Group from Hong Kong, and Hong Kong Huide acquisition by SPAC Company, etc. The other eight are from the mainland: Yi Dianyun (from Beijing), Contini Pharmaceutical (from Beijing), China-Canada Graphite (from Chenzhou, Hunan), OneConnect Financial Technology (from Shenzhen, Guangdong), Chalk Vocational Education (from Beijing), Zhiyun Health (from Hangzhou, Zhejiang), China Graphite Group (from Hegang, Heilongjiang), CDP Holding (from Shanghai).
Of the 11 companies, except for China Graphite Group from Hegang, Heilongjiang, and Zhiyun Health from Hangzhou, Zhejiang Province, this is the second time that the other 9 companies have submitted their prospectuses on the Hong Kong Stock Exchange for the first time.
The 11 include a SPAC company, which is also the eighth SPAC company to submit a prospectus in Hong Kong. It is co-sponsored by Chen Delin (former chief executive of the Hong Kong Monetary Authority), Zeng Jiexuan (sister of former Chief Executive Donald Tsang and former chairman of Standard Chartered Bank Greater China), etc.
Three of the 11 were transferred to Hong Kong from the United States, including a financial technology company listed on the New York Stock Exchange and owned by Ping An Insurance.OneConnect Financial TechnologyPreparing to make a secondary listing in Hong Kong by way of introduction, from insurance companies in Hong KongFuwei GroupWithdraw the listing application on the New York Stock Exchange of the United States (secret form delivery on June 16, 2021, and withdraw on December 20, 2021), and instead apply for listing in Hong Kong IPO, a human capital management service provider in Shanghai.CDPAbandon the listing application of the NYSE (secretly submit the form on September 11, 2019, and then abandon it on February 16, 2011) and apply for listing in Hong Kong IPO instead.
For companies preparing to list in Hong KongHKEx is right. "Industry"There are no restrictions, as long as legal compliance and financial requirements are met, so Hong Kong has always been the absolute first choice for IPO listing in some industries in the mainland.
