NewTimeSpace News: Zhejiang Laifual Drive Co., Ltd. passed the Main Board listing hearing of the Hong Kong Stock Exchange on June 14, with CMB International acting as the sole sponsor. According to CIC Consulting, based on 2025 shipments, the company ranks second among China’s robot harmonic reducer providers with a 21.4% market share; by revenue, it also ranks second with a 12.9% market share. It is one of only two domestic manufacturers that have delivered and begun mass production of harmonic reducers for humanoid robots.
NewTimeSpace News: Alebund Pharmaceuticals (Jiangsu) Limited passed the Main Board listing hearing of the Hong Kong Stock Exchange on June 17, with Jefferies, BofA Securities and Huatai Securities acting as joint sponsors. Founded in 2018, it is a biopharmaceutical company focusing on renal disease therapies. Its core product AP301, a phosphate binder for hyperphosphatemia, has completed China’s registrational Phase III trial, with an NDA submission expected in the near term.
NewTimeSpace News: Ningbo Sanxing Medical Electric Co., Ltd. (601567.SH) submitted a Main Board listing application to the Hong Kong Stock Exchange on June 12, with China International Capital Corporation (CICC) acting as the sole sponsor. According to Frost & Sullivan, based on 2025 revenue from smart power distribution and utilization equipment and solutions, the company ranks 7th globally and 1st in China; its smart meter shipments have led the world for six consecutive years since 2020. It is also China’s largest rehabilitation specialty medical service group.
NewTimeSpace News: Miduoduo Group Inc. resubmitted its Main Board listing application to the Hong Kong Stock Exchange on June 12, with CCB International acting as the sole sponsor. According to CIC, based on 2024 revenue, the company ranks fifth among cross-border e-commerce service providers in China, with a market share of approximately 0.5%. It is a Google Elite Partner (top 3%), as well as an official advertising agency for TikTok for Business and Amazon.
NewTimeSpace News: Trunk Technology (Beijing) Co., Ltd. resubmitted its Main Board listing application to the Hong Kong Stock Exchange on June 12, with Guotai Junan International acting as the sole sponsor. According to Frost & Sullivan, based on 2025 revenue, the company ranks fourth among commercial autonomous driving solution providers in China. Its revenue increased from RMB 134 million in 2023 to RMB 345 million in 2025, representing a CAGR of 60.3%.
NewTimeSpace News: UniDT Co., Ltd. submitted an application for Main Board listing to the Hong Kong Stock Exchange on June 14. China Galaxy International and CCB International act as joint sponsors. The company is a developer of cognitive intelligence products. According to Frost & Sullivan, it ranked fourth among China's enterprise cognitive intelligence algorithm service providers by revenue in 2025. Its revenue rose from RMB 65.6 million in 2023 to RMB 474 million in 2025, registering a remarkable compound annual growth rate.
NewTimeSpace News: Visual China Group Co., Ltd. (000681.SZ) filed a listing application with the Hong Kong Stock Exchange on June 12, with Huatai International acting as the sole sponsor. The company is a leading provider of content licensing and customized services in China. According to Frost & Sullivan, based on revenue in 2025, it ranks first in China and fifth globally in the visual content licensing service market, with a domestic market share of 8.2%.
NewTimeSpace News: Annto Supply Chain Technology Co., Ltd. submitted an application for a main board listing on the Hong Kong Stock Exchange on June 12, 2026, with China International Capital Corporation and Morgan Stanley as joint sponsors. According to CIC data, in 2025, the company ranked first in revenue from production logistics solutions among comprehensive integrated supply chain logistics solution providers in China. By revenue, it is China’s largest integrated supply chain logistics solution provider in the home appliance industry, holding a 26.9% market share.
NewTimeSpace News: Guangdong True Health Medical Technology Development Co., Ltd. passed the main board listing hearing of the Hong Kong Stock Exchange on June 12, 2026, with China International Capital Corporation and DBS Group as joint sponsors. Founded in 2018, the company focuses on the R&D and commercialization of percutaneous puncture and ablation surgical robots. All four models of its core percutaneous puncture surgical robot have obtained Class III registration certificates from the National Medical Products Administration (NMPA), approved for use in lung and abdominal punctures. It is expected to become the first stock of puncture surgical robots in Hong Kong stocks.
NewTimeSpace News: According to HKEX disclosure, the Hong Kong IPO application of Aulton New Energy Co., Ltd., submitted on December 12, 2025, has recently lapsed upon the expiry of the six-month validity period. Based on CIC data, measured by 2024 battery swap station operation service revenue, the company is China’s largest independent third-party battery swap solution provider.
NewTimeSpace News: Transwarp Information Technology (Shanghai) Co., Ltd. (688031.SH) announced that it has recently received a filing notice for overseas issuance and listing from the China Securities Regulatory Commission (CSRC). The company proposes issuing no more than 24,583,500 ordinary shares for overseas listing and listing on the Hong Kong Stock Exchange. The filing notice is valid for 12 months from the date of issuance.
NewTimeSpace News: Audiowell Electronics (Guangdong) Co., Ltd. submitted an application for Main Board listing to the Hong Kong Stock Exchange on June 11, with China Merchants Securities International acting as the sole sponsor. The company is a manufacturer of sensors, actuators and smart modules with over 20 years of operating experience. It adopts the IDM operation model and its customer network covers more than 46 countries and regions.
Newtimespace (newtimespace.com) reports that HJ Science (6132.HK) has launched its global offering of 13.6 million H shares, comprising 1.36 million shares under the Hong Kong public offering and 12.24 million shares under the international placing, at an offer price of HK$81.80 per share and in board lots of 100 shares; the Hong Kong public offering opens on June 12 and closes at noon on June 17, with dealings expected to commence on June 23.
Newtimespace (newtimespace.com) reports that Shenzhen Senior Technology Material (6067.HK) has launched its global offering of 149.52 million H shares, comprising 14.95 million shares under the Hong Kong public offering and 134.57 million shares under the international placing, at a maximum offer price of HK$8.98 per share and in board lots of 500 shares; the Hong Kong public offering opens on June 12 and closes at noon on June 17, with dealings expected to commence on June 23.
NewTimeSpace News: Beijing Crealights Technology Co., Ltd. passed the HKEX listing hearing on June 11, 2026, with Huatai International as the sole sponsor. As a provider of optoelectronic interconnect products focusing on silicon photonics, its optical transceivers cover 100G to 800G data rates. According to Frost & Sullivan, based on 2025 AI optical transceiver revenue, it ranks 8th globally among Chinese suppliers with a 1.6% global market share.
NewTimeSpace News: According to HKEX disclosures, the Main Board listing application submitted by CSPC Innovation Pharmaceutical Co., Ltd. on December 10, 2025 has recently lapsed upon the expiry of the six-month period. CITIC Securities acted as the sole sponsor for the application. The company has remained the world’s largest chemical synthetic caffeine manufacturer from 2020 to 2024, serving as a global caffeine supplier to industry giants such as Coca-Cola, PepsiCo and Red Bull.
