Year-ender: Chinese mainland companies listed in HK
2018-12-26 08:29:00 chinadaily.com.cn Mo Hong'e
Thanks to the huge fundraising by three companies from Chinese mainland - China Tower, Xiaomi and Meituan-Dianping, Hong Kong has topped the list for global IPO volumes this year, said Deloitte China recently.
China Tower, Xiaomi, Meituan-Dianping, Ping An Healthcare and Technology and Jiangxi Bank ranked the top five in fundraising at Hong Kong's IPO market this year, with a total financing of HK$151.9 billion ($19.4 billion), up 157 percent compared with a year earlier.
Major reform of the city's listing regime, which welcomed dual-class share structure firms and pre-profit biotech companies, contributed to its stellar result this year. New economy companies, including those in technology, education, pharmaceutical and pre-revenue biotech, are likely to attract the greatest market attention in 2019, according to Deloitte.
Here are some representatives and their net proceeds from global IPOs.
Telecommunication, Media and Technology (TMT)
China Tower:HK$53.42 billion
Meituan Dianping:HK$32.56 billion
Xiaomi:HK$23.97 billion
Finger Tango:HK$1.26 billion
Tongcheng-Elong:HK$1.25 billion
Photos from the top are China's smartphone maker Xiaomi; Meituan Dianping, an online e-commerce platform for services; China Tower, the world's largest telecommunications tower operator; Finger Tango, a mobile game publisher; and Tongcheng-Elong, an online travel agency. [Photo combined by chinadaily.com.cn]
Healthcare
Ping An Good Doctor:HK$8.56 billion
Innovent:HK$3.16 billion
Ascletis:HK$2.98 billion
China Isotope &Radiation Corporation:HK$1.61 billion
Photos from the top are Ping An Healthcare and Technology Company, widely known as Ping An Good Doctor, an online healthcare platform; Innovent, a biopharmaceutical company; Ascletis, a biotechnology company; and China Isotope &Radiation Corporation, a company engaged in research and application of radioisotope and radiation technology, including radiopharmaceuticals. [Photo combined by chinadaily.com.cn]
Finance
Jiangxi Bank:HK$7.26 billion
Bank of Gansu:HK$5.74 billion
Bank of Jiujiang:HK$3.67 billion
China Renaissance:HK$2.53 billion
Huifu Payment:HK$1.59 billion
Photos from the top are Bank of Gansu, Bank of Jiujiang, Jiangxi Bank, China Renaissance, an investment bank serving the new economy, and Huifu Payment, the country's independent payment firm. [Photo combined by chinadaily.com.cn]
Education
Hope Education Group Co Ltd:HK$3.06 billion
Xinhua Education Group:HK$1.24 billion
China Chunlai Education Group Co Ltd:HK$553 million
21 Century Education:HK$381 million
Photos from the top are Hope Education Group Co Ltd, Xinhua Education Group, China Chunlai Education Group Co Ltd, and 21 Century Education. [Photo combined by chinadaily.com.cn]
Real estate
Zhenro:HK$3.84 billion
Midea Real Estate Group:HK$2.92 billion
Rsun:HK$1.71 billion
Photos from the top are real estate companies Zhenro, Rsun and Midea Real Estate Group. [Photo combined by chinadaily.com.cn]
