NewTimeSpace News: Jiangsu BBL Home Technology Company Limited submitted its main board listing application to the Hong Kong Stock Exchange on May 29, with DBS Group as the sole sponsor. According to Frost & Sullivan, the company led all Chinese PVC flooring suppliers by sales volume in North America in 2025, topped Chinese SPC flooring suppliers by export volume from Asia to North America and Europe, and ranked first among Chinese laminate flooring suppliers in overall export volume for the same year.
NewTimeSpace News: Shanghai Keying E-Commerce Co., Ltd. submitted its third main board listing application to the Hong Kong Stock Exchange on May 28, with CITIC Securities International as the sole sponsor. According to CIC, ranked by GMV in 2025, the company is China’s fifth-largest digital retail solution provider with a 1% market share, and also the leading provider of O2O digital retail solutions nationwide.
Newtimespace News: Elpiscience Biopharmaceuticals, Inc. filed its main board listing application with the Hong Kong Stock Exchange for the fourth time on May 27, with CITIC Securities acting as the sole sponsor. Founded in 2017, the company is a clinical-stage biopharmaceutical company. Its core product, ES102, is a clinically advanced hexavalent OX40 agonist antibody for the treatment of cancer patients resistant to PD-1 checkpoint inhibitors.
NewTimeSpace News: AISWEI Technology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange on May 27, with CITIC Securities International and ICBC International acting as joint sponsors. According to Frost & Sullivan, in 2025, the company ranked third globally in shipments of residential energy storage systems and PV inverters and tenth in energy storage and PV inverter shipments. Its AI Mode, a smart energy management system, is the world’s first of its kind.
NewTimeSpace News: LongBio Pharma (Suzhou) Co., Ltd. (01779.HK) launches public subscription on May 28. Each board lot contains 50 shares with an entry fee of approximately HK$4,851.44. The company plans a global offering of around 14.1932 million H-shares at a fixed offer price of HK$96.06 per share, with listing scheduled for June 5. Cornerstone investors will subscribe for roughly 7.09 million shares, accounting for 49.96% of the total offering assuming the over-allotment option is not exercised.
NewTimeSpace News: Dajin Heavy Industry Co., Ltd. (01081.HK) kicks off its public subscription on May 28, with each board lot consisting of 100 shares and an entry fee of around HK$6,707. The company plans a global offering of approximately 86.9658 million H-shares at a maximum offer price of HK$66.40 per share, with listing scheduled for June 5. Cornerstone investors will subscribe for about 42.2174 million shares, accounting for roughly 48.54% of the total offering, assuming no exercise of the offer size adjustment right and over-allotment option.
NewTimeSpace News: Lung Fung Group Holdings Limited (02290.HK) launches its public subscription on May 28. Each board lot comprises 500 shares, with an entry fee of around HK$3,222.17. The company plans a global offering of 125 million shares, including 12.5 million shares for public offering in Hong Kong. The offer price ranges from HK$5.18 to HK$6.38, and the listing is scheduled for June 5. No cornerstone investors are involved in this offering.
Newtimespace News: Zhejiang Jingtong New Material Group Co., Ltd. filed its main board listing application with the Hong Kong Stock Exchange on May 27, aiming to become the "first PVC decorative materials export share." CICC is acting as the sole sponsor. Based on China's total export value in 2025, the company ranked first among all suppliers in the PVC decorative materials market, and also ranked first among all Chinese suppliers by total export value to Europe in 2025.
Newtimespace News: Ingenic Semiconductor Co., Ltd. filed its main board listing application with the Hong Kong Stock Exchange for the second time on May 26, with Guotai Junan International acting as the sole sponsor. The company is a global "storage + computing + analog" chip provider. According to Frost & Sullivan, the company ranks second globally in SRAM and first among companies headquartered in China, and ranks first globally among automotive-grade SRAM suppliers. It also ranks second globally in IP-Cam SoC and first globally among battery-powered IP-Cam SoC suppliers.
NewTimeSpace News: Silvercorp Metals Inc. filed its listing application with the Hong Kong Stock Exchange on May 26, with CITIC Securities acting as the sole sponsor. Headquartered in Vancouver, Canada, the global precious metals miner engages in the exploration, development and production of silver, gold and non-ferrous metals including copper, lead and zinc. According to SMM data, the company ranked third in China by silver output in 2025, with an annual production of 7.0 million ounces and a market share of 6.3%. Its flagship Luoning Project topped the list among mining projects nationwide.
Newtimespace News: Inner Mongolia Xingye Silver & Tin Mining Co., Ltd. (000426.SZ) filed its main board listing application with the Hong Kong Stock Exchange on May 25, with CICC acting as the sole sponsor. According to Frost & Sullivan, the company has become the largest silver enterprise in Asia and the second largest tin mining enterprise in China based on silver and tin resource volumes.
Newtimespace News: ShanH Technology Limited filed its main board listing application with the Hong Kong Stock Exchange on May 25, with Zero2IPO Capital acting as the sole sponsor. The company is a consumer electronics recycling service provider in China, focusing on efficient trade-in solutions, with used mobile phones as its main business. Its revenue grew at a compound annual growth rate of approximately 23.6% from 2023 to 2025.
Newtimespace News: Yanwen Logistics Co., Ltd. filed its main board listing application with the Hong Kong Stock Exchange on May 25, with Shenwan Hongyuan Hong Kong acting as the sole sponsor. According to Frost & Sullivan, the company ranked second among third-party B2C cross-border e-commerce logistics service providers in China by revenue from cross-border e-commerce express services in 2025, with a market share of 1.8%, and also ranked second by parcel volume shipped to the United States in 2025, with a market share of 1.4%.
NewTimeSpace News: EnjoyGo Technology Limited submitted a renewed application for main board listing on the Hong Kong Stock Exchange on May 22, with CICC and Guotai Junan International as joint sponsors. According to Frost & Sullivan, in 2025, the company ranked sixth among domestic ride-hailing platforms in China by gross transaction value (GTV), holding a 1.8% market share; in Shanghai, it ranked third with an 11.0% market share.
NewTimeSpace News: Bethel Automotive Safety Systems Co., Ltd. (603596.SH) submitted main board listing application to HKEX on May 21, with CICC as sole sponsor. According to Frost & Sullivan, the company took the leading position among Chinese brands in domestic EPB market with 14.2% market share and domestic Brake-by-Wire market with 8.6% market share in 2025.
NewTimeSpace News: The Hong Kong listing application of Mandi Inc. filed on November 20, 2025 has lapsed upon the expiry of the six-month validity period. Huatai International acted as the original sole sponsor. According to CIC data, by retail sales value, its flagship Mandi® minoxidil anti-hair loss products have topped China’s anti-hair loss drug market and minoxidil drug market for ten consecutive years since 2014, holding respective market shares of approximately 57% and 71% in 2024.
