Despite five months of political unrest, Hong Kong currently leads the world rankings in terms of share listings since Sept. 1, with $9.6 billion raised out of $36 billion globally. Most of the IPOs were having a good rally after their debut in HKEX. Here are a few companies that are coming up in the last quarter of 2019.
ESR Seeks $1.45 Billion in Year’s Second-Biggest HK IPO
ESR Cayman Ltd. (1821.HK), a logistics real estate developer, is seeking to raise as much as HK$11.4 billion in what could be Hong Kong’s second biggest IPO this year.
China Baby Formula Maker Seeks Up to 1.14 Billion in HK IPO
China’s largest infant milk formula company, China Feihe Limited, is relaunching its bid to become a publicly listed entity, hoping to raise up to $1.14 billion through an initial public offering in Hong Kong. Feihe, its name means the “flying crane” in Chinese.
China’s Postal Savings Bank Second Listing in Shanghai Stock Exchange
Postal Savings Bank of China, one of the nation’s largest state-owned lenders, won regulatory approval for an initial public offering that could raise more than $3.3 billion in the mainland.