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Horizon Robotics soar 29% in Hong Kong debut
Former Baidu AI Scientist’s Autonomous-Driving Tech Startup Horizon Robotics Rises In Hong Kong Debut
The Volkswagen-backed company ended its first trading day at HK$4.1, up 2.8% from its HK$3.99-a-share IPO price. Its stock surged as much as 38% in intraday trading.
Horizon Robotics shares open up 28.3% in Hong Kong trading debut
Shares of Chinese autonomous vehicle maker Horizon Robotics opened 28.3% higher on the Hong Kong stock exchange on Thursday after the company raised $696 million in an initial public offering.The deal is the largest IPO in Hong Kong in 2024 after it sold 1.
Horizon Robotics Shares Shine on Hong Kong Debut
SYDNEY (Reuters) -Shares of Horizon Robotics ended 2.8% higher on their Hong Kong debut on Thursday, after the Chinese autonomous vehicle maker raised $696 million in this year's largest initial public offering (IPO) in Hong Kong. The company sold 1.355 billion shares at HK$3.99 each, according to the its filings.
2d
on MSN
Hong Kong IPO Swells China Software Tycoon’s Fortune to $1 Billion
Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, ...
2d
China Market Update: Hong Kong IPOs Take Flight
Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was ...
The Pharma Letter
19h
Biostar prepares for $42 million IPO in Hong Kong
Biostar Pharmaceuticals plans to raise funds through an IPO on the Hong Kong Stock Exchange, offering 14.6 million shares at ...
8d
Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new IPO launches in almost two years with deals opened to raise up to $1.3 ...
JD Supra
3d
Hong Kong IPO Updates – Enhanced Timeframe for the New Listing Application Process
Under the dual filing system in
Hong
Kong
, a listing applicant in a
Hong
Kong
IPO
will file its listing application with both the SFC and the Exchange. The filing of the listing application ...
3d
Chery Is Said to Pick Banks for Auto Unit’s Hong Kong IPO
Chery Holding Group Co. has picked China International Capital Corp., GF Securities Co. and Huatai International Ltd. to work ...
Business Times
1d
Horizon Robotics’ shares jump 38% in Hong Kong after US$696 million IPO
The firm’s strong debut is set to further boost sentiment towards
Hong
Kong
’s
IPO
market after shares of bottled-water ...
TradeWinds
2d
TS Lines files $145m Hong Kong IPO to raise cash for newbuilding orderbook
Intra-Asian feeder specialist TS Lines is pressing ahead with an IPO in Hong Kong to raise up to HKD 1.13bn ($145m). The ...
1d
Hong Kong to keep lobbying Beijing for IPO push, Greater Bay Area benefits, Paul Chan says
Hong Kong will continue to lobby Beijing to encourage more mainland Chinese companies to list in the city and improve the ...
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