Over the past week, the Hong Kong stock market has performed poorly under the influence of the external environment, with the Hang Seng Index falling more than 8%. However, the IPO market has not been affected much and remains hot, with biotech giants$Nuocheng Jianhua-B (09969.HK) $Margin exhibition is hot, and several listed new stocks have bucked the trend and performed well.

There have been four new shares in the past week, three of which are companies whose filings have expired. Wenfeng Household Trade is a multi-brand distributor and retailer of cosmetics and other beauty products in Hong Kong and the mainland. Wenfeng Household is the fifth largest makeup distributor in Hong Kong in terms of revenue in 2018, accounting for about 4.0% of the makeup distribution market in Hong Kong.

The Slam Group is a local supplier of proprietary Chinese medicines in Hong Kong. In terms of revenue, the company ranked third in the distribution market of proprietary Chinese medicines in Hong Kong in fiscal year 2018, with a market share of about 8.1 per cent.

Taoli Holdings, a provider of credit card installment-related sales services, is the third largest BPO service provider in China in terms of revenue from the business segment in 2018. The company was listed on the new third board and delisted at the end of June 2018.

The only company to submit the watch for the first time is Zhixin Group, the largest manufacturer of precast concrete components in Fujian Province and Xiamen, and the largest manufacturer of ready-mixed concrete in Xiamen.

A total of two new shares have been reported in the past week, both from Malaysia. MBV International is mainly engaged in purchasing, wholesale, supplying and marketing printable clothing and gift products in Malaysia and Singapore. In 2018, the company is Malaysia's largest supplier of printable clothing in terms of revenue, with a market share of about 25.0%.

C-Link Squared, an outsourced document management service provider and related software applications and enterprise software solutions developer headquartered in Malaysia, ranked second in Malaysia in 2019 in terms of revenue from providing its own document management services.

Three new shares have closed their offerings in the past week, of which$Sang Hing Holdings (01472.HK) $Insufficient subscription$Nine Digital Entertainment (01961.HK) $And$Construction and Construction (00589.HK) $The market is hot, with subscription multiples reaching 7.6 times and 9.84 times respectively. All three new shares will enter the Hong Kong stock market on March 17 and 18.

Recently, nothing has attracted the most attention in the Hong Kong stock IPO market than the biotech giant.$Nuocheng Jianhua-B (09969.HK) $Yes, Morgan Stanley Goldman Sachs Group jointly recommended, Shi Yigong led the fund boss to increase the subscription, and the subscription situation was naturally very hot. Although there was some "flying" due to the influence of the external market, as of the press release, the total amount of financing subscription of Nuocheng Jianhua still reached 32.257 billion Hong Kong dollars, with a margin multiple of 143.97 times.

A total of seven new shares have been listed in the past week, and the best performers are small-cap new shares and Singapore civil construction contractors.$Weiyuan Holdings (01343.HK) $By Friday's close, the stock price had risen by more than 100%, and the new overbought king$Star Group (01941.HK) $The performance was also good, with the first hanging up 10.26%, a manufacturer of artificial leather chemicals.$Deep Blue Technology Holdings (01950.HK) $It is 11.54% higher than the stock price.

However, due to the continued downturn in the overall market, several other new stocks have been affected to varying degrees, the "former overbought king"$Societe Generale (09916.HK) $After rising more than 12% in the dark market, it closed only slightly higher on its first day of trading, and by Friday's close it had fallen 8.54% from its share price.