Hong Kong’s booming fundraising market is set for another busy week, with four companies scheduled to debut this week and a string of billion-dollar listings – including Chinese luxury electric vehicle maker Avatr Technology – lining up behind them.
Among this week’s newcomers, chip materials supplier Guangdong Tianyu Semiconductor plans to raise the highest sum, seeking up to HK$1.74 billion (US$223.42 million) from the sale of 30.07 million shares.
The shares have been priced at HK$58 each….
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From chips to noodles: the newcomers testing Hong Kong’s buoyant IPO market
