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.
NewTimeSpace News: The IPO subscription period of Baige Online Digital Technology Co., Ltd. (02672.HK) closed on 24 June. As of 10 a.m., total margin subscription funds reached approximately HK$3.523 billion, representing an oversubscription multiple of around 51 times against the HK$680 million public offering fundraising size. 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: As disclosed by the Hong Kong Stock Exchange, the Main Board listing application submitted by Frontera Therapeutics on 23 December 2025 has recently lapsed upon the expiry of the six-month validity period. UBS Group and Haitong International acted as joint sponsors at the time of filing. Founded in 2019, the Company is a clinical-stage gene therapy biotech firm dedicated to independent R&D of recombinant adeno-associated virus (rAAV) gene therapies, with its product pipeline covering ophthalmic and cardiovascular diseases.
NewTimeSpace News: As disclosed by the Hong Kong Stock Exchange, the Main Board listing application of Guangzhou Novaken Pharm Co., Ltd., submitted on 24 December 2025, has recently lapsed upon the expiry of the six-month validity period. Guotai Junan International acted as the sole sponsor at the time of filing. Founded in 2007, the Company is an innovation-driven clinical-stage pharmaceutical technology enterprise focusing on two core technology platforms: dissolvable microneedle formulations and nasal inhalation formulations.
NewTimeSpace News: As disclosed by the Hong Kong Stock Exchange, the Main Board listing application of Guangzhou Shiyuan Electronic Technology Company Limited, submitted on 24 December 2025, has recently lapsed upon the expiry of the six-month validity period. CICC and GF Securities acted as joint sponsors at the time of filing. As a leader in intelligent control solutions, the Company ranks first globally by shipment volume of LCD main control boards and by revenue of educational interactive flat panels.
