The Hang Seng Index fell 3.95% over the past week to close at 28283.71 points on Friday.

In the past week, there are a total of 8 new shares in the form, 1 new stock has been notified, and 4 new shares are in the state of IPO. Among them$Kuaishou Technology-W (01024.HK) $It has become the most popular IPO at present, with a total margin amount of HK $440.481 billion and 419.5 times the margin subscription as of 10:30 on January 29th.

According to the latest market news, Kuaishou Technology's public offering has been subscribed for a total of HK $1.28 trillion, which is calculated to be as high as 1218 times oversubscribed or surpass Yidu Technology to become the king of frozen capital in Hong Kong stocks.

Only one new stock went public last week:$Xingsheng Commercial (06668.HK) $The first stock rose 14% to close 3.63%. In previous dark-market trading in Fortune, Xingsheng opened 24.35% higher and finally closed up 23.83%, earning HK $920 per hand.

In terms of new US stocks, Chinese intelligent communication cloud service providers$Cloopen Group (RAAS.US) $It has formally submitted a prospectus to the US SEC and plans to list on the New York Stock Exchange, which is expected to become the first share of a Chinese SaaS company to be listed in the US.

A total of 8 IPOs were issued last week:

British Medical ServiceIs a leading supplier of personal protective equipment based in China.$British Medical Service (300677.SZ.SZ) $Listed on the gem of Shenzhen Stock Exchange. It is reported that by the close of trading on January 29th, the market value of Yingke Medical A shares reached 82.484 billion Hong Kong dollars, and the share price has risen nearly 20 times since the beginning of the year. According to the company's recent 2020 annual results forecast, it is expected to achieve a net profit of 6.8 billion yuan to 7.3 billion yuan in 2020, an increase of 3713.45% over the same period last year.

According to the Frost Sullivan report, Inco Medical is the largest supplier of disposable gloves in China and the world's second largest supplier of disposable gloves in terms of revenue in the first half of 2020. The company is the largest supplier of disposable gloves in China and the third largest in the world.

Xinwei Medical treatmentIt is an enterprise focusing on the development and industrialization of new minimally invasive intervention technologies for stroke prevention and treatment. the product line includes ischemic stroke thrombectomy, ischemic stroke stenosis treatment, hemorrhagic stroke treatment, cardiogenic stroke prevention, vascular pathway products and so on. The investors of the company include CICC Pucheng, Shanghai Fosun Pharmaceutical, CIC Chuanghe and so on.

Angelalign Technology Inc.Is a leading provider of invisibility correction solutions in China. The company empowers dentists through the self-developed digital orthodontic solution "Angelalign Technology Inc. Invisible Orthodontic system" to ensure that they provide orthodontic services stably, easily, quickly and accurately. According to the cautionary consultancy report, the company ranks first in China's invisible correction solution market with a market share of 41.4%.

GFT InternationalIs the largest plastic and metal toy manufacturer in Vietnam (by fiscal year 2019 earnings), with customers including Japanese, North American, Korean and European toy brands such as Tomy, HAS.US, Spin Master, etc. Four of the world's top seven toy brands are GFT's top five customers during the track record period.

Zhongjun business managementIt is a comprehensive property management service provider, ranking 32nd among China's top 100 property service companies in 2020. The average commercial property management fee of the company in 2018 and 2019 is higher than that of all Chinese listed property management companies that have disclosed this information.Lang Shi Green Life ServiceIs a property management service provider in the Yangtze River Delta, with more than 80% of its revenue coming from the Yangtze River Delta.Profit and exchange enterpriseA contractor specializing in repair, maintenance, alteration and addition works in Hong KongUniversity of Science and Technology educationIt was approved by the Ministry of Education to provide vocational undergraduate education in 2018. In terms of the number of full-time students in 2020 and 2021, the company's university: Guangzhou University of Science and Technology is the second largest private vocational university at undergraduate level in China, with a market share of about 9.0%.

Only one new share passed the hearing this week:

Huanlian newsFounded in 1990, it is a non-exclusive distributor of access products (access products are devices built with electronic or optoelectronic, sensors and network access software that enable these devices to transmit and receive signals or data. According to Frost Sullivan's report, in terms of revenue, the company ranks third in the distribution market of telecommunications and datacom access products in China in 2019, with a market share of about 4.4%.

The company will issue shares from January 30 to February 4 at an issue price of HK $0.52-HK $0.58 per share, with 4000 shares per share. It is proposed to issue 250 million shares and is expected to list on February 19.

Last week, a total of four new shares were in the state of IPO, among which Kuaishou Technology, Mini Chuang Xintong and Baikang Medical were the most popular.

$Baikang Medical-B (02170.HK) $Is the innovative platform of China's assisted reproductive gene testing solution, the company's product PGT-A kit is the only third-generation test-tube baby gene testing kit approved by the State Drug Administration. As of 18:00 on 29 January, Baycom Medical has been subscribed for a total of 147.11 times the margin, with a margin amount of $26.835 billion. Baycom Medical will close subscription on February 1 and is expected to list on February 8.

$Kuaishou Technology-W (01024.HK) $Subscription has been closedIt is expected to officially log on to the Hong Kong Stock Exchange on February 5.As of 10:30 on January 29th, Kuaishou Technology had recorded a total margin value of HK $440.481 billion and subscribed 419.5 times.

It is worth mentioning that the final number of people subscribing for Kuaishou Technology through Fortune reached 206673, with a subscription amount of more than HK $42.6 billion, making it the second largest number of subscribers and subscribers for new shares of Fortune, second only to Ant Group's IPO.

$Healthcare-B (02160.HK) $A total of 211.95 times margin subscription was recorded during the margin stage, raising HK $53.17 billion. The placement results will be announced on February 3 and are expected to be officially listed on February 4.

Last week, only$Xingsheng Commercial (06668.HK) $A new stock goes public.

Xingsheng Commercial rose 14% to close at 3.63%, closing at HK $3.86 as of January 29, in line with the IPO price. In the previous dark-market trading of Fortune, Xingsheng Commercial opened 24.35% higher and finally closed up 23.83%, earning HK $920 per hand.

According to previous public information, nearly 331500 valid applications were received during the Xingsheng commercial public offering phase, with a success rate of 1.29% and a subscription multiple of 756.85 times.