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Chinese artificial intelligence company iFlyTek said it plans to spin off its healthcare services subsidiary, iFlyHealth, with a listing in Hong Kong.
New stock offerings in Hong Kong are expected to generate more than double the amount of funds for companies this year, making the city’s stock exchange one of the five busiest venues globally, according to KPMG, reports the South China Morning Post. The firm expects 90 initial public offerings (IPOs) to raise HK$100 billion ($12.8…
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Mainland Chinese firms Guming Holdings and the Mixue Group could be the first of many to seek IPOs in the SAR this year, as PwC predicts $12.8bn of deals in 2024, and KPMG sees a return to the top five global rankings.
Cyberport Venture Capital Forum 2023 Kicks Off