NewTimeSpace News: NeuroGen Pharma Limited submitted its Main Board listing application to the Hong Kong Stock Exchange on 25 June, with JPMorgan, CICC and HSBC acting as joint sponsors. The Company is a clinical-value-driven specialty pharmaceutical platform focusing on neurology, pain management and allergy therapeutics in China. Following its acquisition of UCB’s relevant China business and assets, it has built an integrated platform anchored by well-established originator brands including Keppra®, Vimpat®, Zyrtec® and recently approved Xyzal®.
NewTimeSpace News: Baige Online (Xiamen) Digital Technology Co., Ltd. (02672.HK) announced its final offer price of HK$15.60 per H Share (excluding applicable transaction charges). The Company expects trading of its H Shares to start at 9:00 a.m. on 29 June 2026 on the Main Board of HKEX, with each trading board lot comprising 200 Shares.
NewTimeSpace News: Hangzhou Lygo Technology Co., Ltd. submitted a Main Board listing application to HKEX on 25 June, jointly sponsored by CICC and SPDB International Capital. Per CIC Consulting data measured by 2025 revenue, the Company ranks as China’s largest flexible employment platform. It served around 440,000 flexible workers in 2025, maintaining a 100% key customer retention rate and 180.5% key customer dollar retention rate.
NewTimeSpace News: Six new stocks entered grey market trading today. KEYTOP (02272.HK) topped the list with a gain of 156.13% at HK$101.30;CFMEE (09630.HK) rose 61.99% to HK$409.40; Zhongke Wenge (01956.HK) climbed 56.51% to HK$95; SG Micro (03661.HK) advanced 33.80% to HK$114; Lingyi iTech (01688.HK) edged up 10.02% to HK$11.20. MERDEKA GOLD-DRS (06228.HK) plunged 42.86% to HK$15.20. All six issuers are scheduled for official listing on 26 June.
NewTimeSpace News: Anhui Huaheng Biotech Co., Ltd. (688639.SH) issued an announcement stating that Ms. Guo Henghua, the Company’s actual controller, Chairman and General Manager, has been detained on suspicion of the crime of illegal absorption of public deposits and has resigned from all positions in the Company. The Company held an emergency board meeting on 24 June and appointed Mr. Fan Yi as the new Chairman and General Manager. On the same day, the board approved the termination of the H-share offering and Hong Kong listing. The Company stated the investigation is unrelated to its daily operations, and production and business activities remain normal.
NewTimeSpace News: Jiangxi Qiyunshan Food Co., Ltd. passed the Main Board listing hearing of the Hong Kong Stock Exchange on 24 June, with ZTSC International Capital acting as the sole sponsor. According to CIC Consulting data measured by retail sales in 2025, the Company captured a 29.0% market share and secured the top position in China’s Choerospondias Axillaris food segment. In 2025, it ranked ninth in China’s fruit-based snack industry with a market share of 0.56%.
NewTimeSpace News: EACON Group Co., Ltd. passed the Main Board listing hearing of the Hong Kong Stock Exchange on 24 June, with Haitong International acting as the sole sponsor. The Company is the leading provider of autonomous driving solutions for China’s mining sites, capturing a 37.6% market share in 2025. It has deployed a total of 2,580 autonomous mining haul trucks, covering 19 large-scale open-pit coal mines. The Company maintained a 100% customer retention rate from 2023 to 2025, with its client base expanding from 13 to 52 groups. China’s market for mining autonomous driving solutions reached RMB3.8 billion in 2025, and the global market size is projected to hit USD7.3 billion by 2030.
NewTimeSpace News: ROKAE (Shandong) Robotics Group Inc. passed the Main Board listing hearing of the Hong Kong Stock Exchange on 24 June, striving to be Hong Kong’s first listed stock focused on industrial embodied AI. CICC and Guotai Junan International act as joint sponsors. According to CIC Consulting data measured by 2025 revenue, the Company is one of China’s earliest local manufacturers capable of mass-producing both industrial robots and collaborative robots. It ranked 6th in China’s domestic industrial robot market and 6th in China’s collaborative robot market by 2025 revenue, and is among the top five suppliers of embodied AI robotic arms in China.
NewTimeSpace News: Xiamen Reconova Technologies Co., Ltd. passed the Main Board listing hearing of the Hong Kong Stock Exchange on 24 June, making it poised to debut as Hong Kong’s first listed stock focused on vision-based embodied AI. Huatai International, CCB International and ABC International act as joint sponsors. According to Frost & Sullivan data measured by 2025 revenue, the Company ranks No.1 in China’s market of visual intelligent products for civil aviation enterprises, capturing an 8.7% market share.
NewTimeSpace News: EpimAb Biotherapeutics Inc. submitted its third Main Board listing application to the Hong Kong Stock Exchange on 24 June, with CICC and China Merchants Bank International acting as joint sponsors. Founded in 2015, the Company is a clinical-stage biotechnology enterprise dedicated to developing bispecific antibody therapeutics for various cancers and autoimmune diseases. Its core product EMB-01 (targeting EGFR/cMET) is currently under Phase II development as a third-line monotherapy.
NewTimeSpace News: JIIOV Technology (Tianjin) Co., Ltd. submitted a Main Board listing application to the Hong Kong Stock Exchange on 24 June, with Guotai Junan International and Ping An Securities (Hong Kong) acting as joint sponsors. According to Frost & Sullivan data measured by relevant revenue in 2025, the Company ranks second in China’s market of biometric identification solutions for smartphones with a market share of 14.5%. Its revenue recorded a compound annual growth rate (CAGR) of 44.4% from 2023 to 2025, representing the fastest growth rate across the sector.
NewTimeSpace News: Zixun Technology (Fujian) Co., Ltd. submitted a Main Board listing application to the Hong Kong Stock Exchange on 24 June, striving to become the first listed stock specializing in cross-border e-commerce security operation services. Guotai Junan International acts as the sole sponsor. According to Frost & Sullivan data measured by 2025 revenue, the Company ranks as China’s largest provider of e-commerce security operation products, and its Ziniao Browser has served a total of 8 million online stores.
Merdeka Gold Resources (6228.HK) announced that its global offering offer price has been set at HK$26.60 per offer depositary receipt, with the Company expecting to announce the International Offering subscription levels and Hong Kong Public Offering allocation results on June 25, 2026; assuming the Global Offering becomes unconditional on or before 8:00 a.m. on June 26, 2026, trading of depositary receipts is expected to commence at 9:00 a.m. that day on the Main Board of the Stock Exchange, with each board lot comprising 100 depositary receipts.
Lingyi iTECH (1688.HK) announced that its global offering offer price has been set at HK$10.18 per H share, with the Company expecting to announce the International Offering subscription levels and Hong Kong Public Offering allocation results on June 25, 2026; assuming the Global Offering becomes unconditional on or before 8:00 a.m. on June 26, 2026, H share trading is expected to commence at 9:00 a.m. that day on the Main Board of the Stock Exchange, with each board lot comprising 660 shares.
NewTimeSpace News: The IPO subscription period of Crealights Technology Co., Ltd. (01191.HK) closed on 24 June. As of 8 a.m., total margin subscription funds reached approximately HK$86.224 billion, representing an oversubscription multiple of roughly 562 times against the HK$153 million public offering fundraising amount. The Company’s grey market trading is scheduled for 26 June, with formal listing on the Main Board of the Hong Kong Stock Exchange slated for 29 June.
NewTimeSpace News: The IPO subscription period of Alebund Pharmaceuticals (Jiangsu) Limited (09637.HK) closed on 24 June. As of 8 a.m., total margin subscription funds reached approximately HK$40.611 billion, representing an oversubscription multiple of roughly 316 times against the HK$128 million public offering fundraising amount. The Company’s grey market trading is scheduled for 26 June, with formal listing on the Main Board of the Hong Kong Stock Exchange slated for 29 June.
