Hong Kong’s IPO outlook brightens with SF Holding, Tong Ren Tang filing applications

Quick Summary:

Hong Kong stock exchange’s IPO prospects has received a boost after fundraising in the city slumped to a two-decade low in the first half of the year.

It was 35 per cent lower than a year earlier and the lowest since US$802 million was raised in the first half of 2003, when the severe acute respiratory syndrome virus derailed the city’s markets.

Beijing Tong Ren Tang Healthcare Investment, China’s largest non-public traditional Chinese medicine hospital group, did not disclose the amount it plans to raise from its IPO.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongChinaSingapore

Topics: Kong Million Market Chinese Friday Billion Hong First Holding Plans Operator

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-29 @ 09:00:18 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 551 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21413377

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 8 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 4 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions