Xiaohongshu denies IPO rumors amid renewed listing speculation
Xiaohongshu’s statement, issued more than a month after the rumors began circulating, addressed only the IPO speculation and did not comment on the allegations.
Tag: IPO
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DeepSeek said to prepare for IPO filing and new funding round
DeepSeek reportedly generates annualized revenue of $400 million to $500 million, with gross margins exceeding 50% on its flagship API business.
Momenta launches Hong Kong IPO backed by global blue-chip investors
The IPO has attracted 14 cornerstone investors, who have collectively committed about $376 million and will subscribe to nearly half of the shares on offer.
Jiangsu semiconductor firms attract funding surge as IPO pipeline swells
Four of the 14 Jiangsu companies that have listed on China’s A-share market this year come from the semiconductor industry.
Zhejiang leads China IPO rankings with $1 billion raised in Jan-May
Zhejiang’s province-wide total reached 13 listings and 9.94 billion yuan in fundraising during the first five months of the year.
DEEP Robotics edges closer to STAR market after IPO tutoring
The progress makes it the latest among the so-called “Hangzhou Six Dragons” to move toward public markets.
Drive-by-wire chassis provider Nasn clears filing hurdle for HK IPO
The company has developed an end-to-end platform covering design, validation, algorithms, testing and mass production, allowing it to deliver system-level solutions across braking, steering and motion control.
Manycore Tech jumps on Hong Kong debut after record IPO subscription
During over-the-counter (OTC) trading the day before the company went public, shares had already leaped 169.29% to HK$20.52, signaling strong pre-debut momentum.
Tea chain Goodme unveils plans for landmark Hangzhou HQ tower
The headquarters is intended to serve as a centralized operations hub, supporting management, coordination and long-term growth, according to company filings.
Manycore IPO draws over 1,000x demand ahead of Hong Kong debut
The Hangzhou-based company’s public tranche was oversubscribed about 1,071 times, with total margin financing and subscriptions reaching HK$131.2 billion ($16.75 billion).
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