Published: 10:52, April 15, 2026
Mainland's Huaqin seeks to raise nearly $581m in HKSAR listing
By Agencies

Pedestrians pass the electronic ticker board outside the Hong Kong Exchanges and Clearing Ltd in Central on Jan 8, 2026. (ADAM LAM / CHINA DAILY)

Chinese mainland-based technology firm Huaqin launched a Hong Kong ​share sale on Wednesday, aiming to raise up ‌to HK$4.55 billion ($580.85 million), as the city's capital markets continue to attract interest despite war-driven market volatility.

The Shanghai-listed electronics ​manufacturer said it is offering 58.5 million ​shares for the global offering at up to HK$77.70 per share.

Huaqin's listing in the Hong Kong Special Administrative Region follows ​a slew of other mainland technology firms choosing ​the Asian financial hub, which cemented its status as the world's top IPO destination last year.

Earlier this week, Shenzhen-listed Victory ​Giant launched a Hong Kong share sale, seeking to ​bring in HK$17.5 billion in capital, which is set to be ‌the largest equity offering since the Iran war started more than a month ago.

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Meanwhile, battery maker Contemporary Amperex Technology, which held the crown for the world's ​largest listing ​in 2025 following a $4.6 billion Hong Kong raise, is considering a near $5 billion fresh share sale, ​two sources with knowledge of the matter ​said.

Huaqin expects the final offer price for the listing to be released no later than April 22. The shares are due to start trading on ​April 23 under the stock code 3296.