Over the past week, the Hang Seng index fell 3.34% to 28310.42.

Hong Kong stock IPO market is more activeIn the past week, there were 29 IPOs, 3 IPOs and 14 IPOs.

The "first share of New Tea" listed this week$Nai Xue's tea (02150.HK) $The performance was not as expected, and by Friday's close, it had fallen by 15.86% from the offering price.$HUTCHMED (China) Limited (00013.HK) $It has become the dark horse of new shares this week, closing up 50.37% on its first day of trading, and by Friday's close was up more than 60% from its offering price. The company is a pharmaceutical retail giant owned by Li Ka-shing's Cheung Kong Hutchison Holdings.

The IPO aspect of US-listed Chinese stocksSwan, a family service platform, formally submitted a prospectus to SEC with plans to list on the New York Stock Exchange under the symbol "JIA", with JPMorgan Chase & Co, UBS and China International Capital Corporation as co-lead underwriters.

There have been 29 IPOs in the past week.

Kailiying medicineIs the head of the domestic CDMO (pharmaceutical outsourcing contract R & D and production) company, is expected to become the industry after the drugs Mingkang de, Tigermed, such as the fifth "Aspirh" company.$Kellein (002821.SZ) $It was listed on A shares in 2016 with a market capitalization of more than 85 billion yuan. This is also the second time that Kellein has hit the Hong Kong motherboard, the first time in 2018, and the suspension was announced in mid-2019. The company did not disclose the specific reasons, "change" launched a fixed increase plan of 2.3 billion yuan in October of that year.

Shanghai Aike has a hundred species.Is an innovative biopharmaceutical company focused on discovering and developing new treatments to address unmet medical needs for respiratory and lung diseases.

Beijing Pelt Medical Science and TechnologyIs China's leading provider of intelligent minimally invasive surgery solutions. The company designs, develops, manufactures and sells surgical instruments (focusing on surgical staplers) and provides customized surgical training services.

APM MonacoBorn in 1982, it is a contemporary fashion jewelry brand that combines the elegant fashion of Monaco and the relaxed and leisurely attitude of South France. APM stores are available in 21 markets around the world. In 2020, APM's total revenue was HK $1920.4 million, of which mainland China accounted for 57.2%. The products are hand-made in five self-owned production bases. Repurchase customers (that is, customers who made multiple purchases within a 12-month period) accounted for 30.1%, 35.3% and 32.0% of the company's direct consumer sales (including specialty stores and online sales) in 2018, 2019 and 2020, respectively.

Huiquan InternationalIs the tea and beverage brand "authentic" parent enterprise. According to the Frost Sullivan report, the company ranks second in the natural, health and functional beverage market in Hong Kong, China in terms of retail value in 2020, and ranks third and fourth in the imported international spirits and wine markets in Hong Kong, China and the mainland of China respectively.

Hangzhou Shunfeng in the same city是$SF Holdings (002352.SZ) $The spin-off subsidiaries, Bank of America Securities and China International Capital Corporation, are co-sponsors. The city income of Shunfeng increased from 993.3 million yuan in 2018 to 2.107 billion yuan in 2019, and further to 4.8434 billion yuan in 2020. The total losses and consolidated losses for the year were 330 million yuan, 470 million yuan and 760 million yuan. The company's total number of orders increased from 79.8 million in 2018 to 211.1 million in 2019 and further to 760.9 million in 2020, with a compound annual growth rate of 208.7%.

Amy vaccineIt is the largest private vaccine group in China, with about 60 million doses in 2020, and we are also the second largest vaccine manufacturer in China after China Biological (CNBG).

Zibuyu GroupIt is one of the largest cross-border e-commerce companies in China, ranking third in terms of GMV of clothing and footwear products sold through third-party e-commerce platforms in 2020, according to Frost Sullivan.

Guangdong Lingyi ZhijianIt is the world's largest supplier of consumer electronics precision functional parts, accounting for about 7.2% of the global market share in 2020.$Leiyi Intelligent Manufacturing (002600.SZ) $It has been listed on A shares with a market capitalization of more than 60 billion yuan.

CANbridgeIs a China-based biomedical company specializing in rare diseases, dedicated to the research, development and commercialization of transformational therapies. The founder, Dr. Xue, is currently vice chairman of the China rare Diseases Alliance (CHARD). The prospectus shows$Wuxi Apptec (02359.HK) $QiMing Venture Partners is its senior investor.

Adikang HoldingsAccording to Frost Sullivan, Adicom Holdings Limited is a pioneer of independent medical laboratories (or ICL) in China and one of the three major independent medical laboratory service providers in terms of total revenue during the track record period.

Riel GroupAccording to Frost Sullivan, riel group is the largest high-end private dental service provider in China in terms of total revenue in 2020, and in the same period, the company is the third largest private dental service provider in China in terms of revenue. Riel Group also operates Ruier Dental and Ruitai Stomatology brands, the former for high-end market dental services, the latter for the mass market oral medical services.

A number of property management companies have submitted forms, including Junfa colorful Service, Runhua property, Guangzhou Pearl River City Management Service Group, Huiyue Life Group and Shandong Merchant Life Service.

A total of three new shares have been heard in the past week.

South China Vocational Education GroupAccording to the Frost Sullivan report, the company is the largest private vocational education service provider in the Greater Bay area and the fifth largest in China in terms of the number of full-time students in the 2020 academic year 2019. In 2020 / 2021, vocational education was mainly provided for 27033 full-time students enrolled in the school, of whom 68. 4% studied in the TMT industry and major health industry related majors During the track record period, the initial employment rate of school graduates ranged from 92. 3% to 99. 2%.

China General Education GroupIt is the leading private higher education institution in Shanxi Province, China. On December 31, 2020, the Group employed 558 full-time teachers and 544 part-time teachers.

Bidley HoldingsIs a Chinese automotive distribution service provider focusing on luxury and ultra-luxury brands. It operates 12 4S dealerships under the brands of Porsche, Audi, Mercedes-Benz, Bentley, Volvo and Jaguar Land Rover in six provinces and cities, namely Beijing, Tianjin, Shandong, Sichuan, Zhejiang and Guangdong. From 2018 to 2020, the income of Bidley Holdings is about 8.409 billion yuan, 8.179 billion yuan and 8.533 billion yuan respectively, and the corresponding net profit is about 207 million yuan, 160 million yuan and 235 million yuan respectively.

A total of 14 IPOs have been listed in the past week, and the following three markets are relatively hot:

$Tengshengbo Medicine-B (02137.HK) $The offering is expected to close on July 6 and is expected to be listed on July 13. At present, the margin amount is HK $19.352 billion, with subscriptions reaching 77.95 times. Cornerstone investors include Invesco, UBS, Sequoia Capital and so on.

$Medical Maitong (02192.HK) $The offering is expected to close on July 7 and is expected to be listed on July 15. At present, the margin amount has reached HK $46.354 billion, with subscriptions reaching 109.88 times. According to the Frost Sullivan report, MMT ranked first among China's physicians providing digital medical marketing services in 2020 in terms of revenue, with a market share of 21.4%. Cornerstone investors include Tencent, GIC, Fidelity International and so on.

$Kangsheng Global (09960.HK) $The offering is expected to close on July 7 and is expected to be listed on July 16. At present, the margin amount has reached HK $35.568 billion, with subscriptions as high as 160.64 times. Cornerstone investors include Blackrock, CPE Yuanfeng, Xuehu Capital and so on.

A total of three new shares have been listed on the Hong Kong main board in the past week.$HUTCHMED (China) Limited (00013.HK) $The performance was relatively bright, closing up 25.06% in the dark market of Fortune, earning HK $5025 per hand, and closing up 50.37% on the first day of listing. In the two trading days of listing, it has risen more than 60 per cent over IPO pricing. The company is a pharmaceutical retail giant owned by Li Ka-shing's Cheung Kong Hutchison Holdings.

The first share of new-style tea$Nai Xue's tea (02150.HK) $The first day of listing closed down 13.54%, closing at HK $16.66 as of Friday, down 15.86% from the offering price. According to reports, Guosheng Securities recently gave Hong Kong stock Nai Xue's tea an initial "buy" rating with a target price of HK $24.80.

A number of new shares will be listed next week, of whichGuichuangtong Bridge-B (02190.HK) $It will go public next Monday (July 5). In Friday's dark trading, the stock closed up 30.8%, rising as high as 45.67%.

$XPeng Inc.-W (09868.HK) $Dual listing in Hong Kong. XPeng Inc. announced that the global offering, priced at HK $165 per Class A common share, will begin trading on the main board of the Hong Kong Stock Exchange on July 7, according to HKEx filings.

$Conoya-B (02162.HK) $Due to be launched on July 8, the IPO will introduce 15 cornerstone investors, including Invesco, UBS, Hillhouse, Boyu, CSPC Pharmaceutical and Yi Fangda.