Hong Kong’s hottest IPO in 10 years just turned supernova

China Literature, the country’s largest online publishing and e-book website, has priced its initial public offering at the top end of a price range, as investors overbought its shares by more than 600 times in the hope of getting in early on what could ... ( read original story ...)

Razer raises $528M in Hong Kong IPO

Razer has reportedly raised HK$4.12 billion (US$528.2 million) from its initial public offering (IPO) in Hong Kong, priced at HK$3.88 per share. The games hardware maker, which is based in Singapore and San Francisco, saw an oversubscription from Hong Kong ... ( read original story ...)

Auto Financier Yixin Launches $900 Million IPO

Yixin Group Ltd., an online car financing company backed by three of China’s top internet companies, is hurtling ahead with a Hong Kong IPO to raise up to nearly $900 million, as enthusiasm on a new generation of financial technology (fintech ... ( read original story ...)

China Literature adds $1.1bn to Tencent’s IPO returns

The response eclipsed the $1.5 billion IPO in September of China's first and largest insurance technology company, ZhongAn Online P&C Insurance, in which Tencent also has a 10% stake. Funding commitments to China Literature totaled 520 billion Hong Kong ... ( read original story ...)

Hong Kong tech fervour defies Western IPO wobbles

Investors have snapped up shares in Razer, a maker of keyboards for gamers, and China Literature, an electronic publisher backed by Tencent. That contrasts with signs of IPO fatigue in New York and London. Limited supply, particularly in tech, has helped ... ( read original story ...)

Jailed Hong Kong democracy activists win last chance to appeal

HONG KONG (Reuters) - A Hong Kong court on Tuesday allowed three jailed young activists, who spearheaded pro-democracy protests that brought much of the Chinese-ruled city to a halt in 2014, a final chance to appeal against their sentences. Hong Kong's ... ( read original story ...)