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MBMC Breaking News: Impression Dahongpao, from Wuyi Mountain, Nanping, Fujian Province, plans to apply for listing in Hong Kong
National Equities Exchange and Quotations (NEEQ) listed company Impression Dahongpao Co., Ltd. (Impression Co., Ltd., 870608.NQ) recently announced the winning bid results for the procurement of services for its Hong Kong H-share listing, including listing sponsors, certified public accountants and Hong Kong legal counsel. Impression Co., Ltd. reviewed and passed the motion titled "On the Official Launch of the Company's Listing on the Hong Kong Stock Exchange" at the extraordinary general meeting held on June 18, approving the company to officially launch its Hong Kong listing process.
MBMC Quick Report: Tangtangjia AgiiPlus, Proposed US IPO Roadshow PPT (16 Pages)
Recently, AgiiPlus Inc. (hereinafter referred to as "AgiiPlus"), a group based in Shanghai, has filed an updated prospectus with the U.S. Securities and Exchange Commission (SEC) and plans to conduct an IPO on the NASDAQ, with the proposed stock ticker symbol AGII. AgiiPlus first confidentially submitted its IPO registration materials on June 17, 2022, and publicly disclosed its prospectus on September 16, 2022.
MBMC Breaking News: Stori Secures $210 Million Funding Round, Led by BAI Capital and Notable Capital
Mexican fintech unicorn Stori recently announced the completion of a new round of equity and debt financing totaling $212 million. The round includes a $105 million equity financing tranche led by BAI Capital and Notable Capital, with participation from both new and existing investors such as ACE Redpoint Ventures, GIC, General Catalyst, Goodwater, Lightspeed Ventures and Tresalia, as well as a $107 million debt financing facility provided by Goldman Sachs and Davidson Kempner.
MBMC News Flash: Autonomous driving company Horizon Robotics has obtained the filing notice for its Hong Kong listing, with the issuance of no more than approximately 1.154 billion shares.
According to the new regulations on overseas listing filing for domestic enterprises that took effect on March 31, 2023, when enterprises choose to list as Hong Kong H-shares, the former "big route approval" and "small route approval" have become history. Enterprises can directly submit the prospectus for their overseas listing, and the "big route approval" will be replaced by a "filing notice".
MBMC Breaking News: Yunxuetang is expected to list on the Nasdaq this Friday, with an IPO price range of $11 to $13 and plans to raise $33 million.
According to IPOScoop, Chinese corporate e-learning software provider YXT.US plans to list on the Nasdaq on August 9. Its IPO underwriters include EF Hutton LLC, Tiger Brokers and China Merchants International.
MBMC News Flash: Pony.ai is reportedly set to launch its U.S. IPO as early as September.
Jiemian News cited sources as saying that self-driving startup Pony.ai will go public in the United States as early as September this year, and some institutional investors have already expressed clear intentions to participate in its initial public offering (IPO).
MBMC Express News: Guanglian Technology will list next week, with net proceeds of HK$230 million. Guohuilian serves as a cornerstone investor.
Glory Union Technology Holdings Limited (referred to as "Glory Union Technology", stock code: "02531") was recently listed on the Hong Kong Stock Exchange.
MBMC News Flash: MBMC Leads Outstanding Chongqing Enterprises to List on Hong Kong and U.S. Stock Exchanges
On Friday, July 12, 2024, China Time, MBMC was invited by Zhongsen Zhonghuan Certified Public Accountants to participate in the Chongqing Enterprise Overseas Listing Seminar and Exchange Conference in the beautiful mountain city of Chongqing. The overseas listing institutions present at the venue included: MBMC (Hong Kong) team, Forvis Mazars Hong Kong team, SPDB International (Hong Kong) team, and OA Group (Singapore) team. The overall lineup was quite luxurious and professional. David SHI, Partner of MBMC and Managing Director of the Financial Consulting Division (licensed American Certified Public Accountant with AICPA qualification), delivered a professional sharing on US and Hong Kong listings. The atmosphere at the scene was warm, and dozens of well-known local unicorn and outstanding entrepreneurial enterprises in Chongqing responded very enthusiastically. After the meeting, many enterprise leaders competed to hope that after the meeting
MBMC News Flash: The Government of the Hong Kong Special Administrative Region has applied to the Hong Kong Stock Exchange for the listing of a HK$500 billion medium-term note programme
Recently, the Government of the Hong Kong Special Administrative Region of the People's Republic of China has submitted an application to list a global medium-term note program to the Hong Kong Stock Exchange, with a total size of 500 billion Hong Kong dollars.
MBMC Quick Report: Ark Health has launched its IPO subscription, and will be listed in Hong Kong on July 9, with Citigroup and Agricultural Bank of China serving as joint sponsors.
Ark Health (06086.HK), China's largest online chronic disease management platform, recently launched its IPO subscription, and is expected to be listed on the Hong Kong Stock Exchange on July 9, 2024, with Citigroup and Agricultural Bank of China International as joint sponsors.
MBMC Quick Report: Zhengxin Photovoltaic, a photovoltaic module manufacturer from Jintan, Changzhou, Jiangsu Province, plans to list in Hong Kong.
Zhengxin Photovoltaic (838463.NQ), a National Equities Exchange and Quotations (NEEQ) listed company based in the Industrial Zone, Zhixi Town, Jintan District, Changzhou City, Jiangsu Province, recently announced that its 6th extraordinary general meeting in 2024 reviewed and approved the proposal on the company's initial public offering of overseas listed foreign shares (H shares) and listing on the Main Board of The Stock Exchange of Hong Kong Limited.
MBMC Quick Report: Fang Xinghai will speed up the filing process for overseas listings of Chinese enterprises, and encourage them to prioritize the Hong Kong market.
Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission (CSRC), said recently at the 2024 Lujiazui Forum that the CSRC's stance on overseas listings is to speed up the filing procedures.