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Annual Review | The 2024 Hong Kong IPO rankings have been released! Mao Ge Ping and Lao Pu Gold surged over 70% on debut! Jingwei Tiandi made a spectacular profit of 6,560 HKD.
Hong Kong, as one of the important Global international financial centers, has been the largest Global IPO financing center seven times since 2009.
Semiconductors are soaring across the board! Semiconductor Manufacturing International Corporation rises over 10% as the Industry welcomes a "dual drive of investment and application."
① The semiconductor sector in the A-shares and Hong Kong stocks surged collectively, with Espressif Systems, Starry Technology, Peak Technology, Cambricon, and SFTP seeing their stock prices reach historic highs during trading. ② Cambricon has become the second highest stock in the A-shares market, with a year-to-date increase of over 388%, exceeding NVIDIA and Broadcom. ③ SEMI recently pointed out that investments in mainland China related to AI are beyond expectations.
A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.
① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.
Express News | Hong Kong stocks in the semiconductor sector rose in early trading, with Semiconductor Manufacturing International Corporation up more than 4%, HUA HONG SEMI and SHANGHAI FUDAN both rising over 2%.
As the Spring Festival holiday approaches, the tourism Industry is expected to pick up, and these Concept stocks are frequently being investigated.
The Spring Festival holiday is from January 28 to February 4, 2025, totaling 8 days.
The first stock of the "second generation of state-owned enterprises" is about to be launched: Avita has obtained over 10 billion in financing and plans to go public in 2026.
On December 17th, Chongqing Changan Automobile announced that the company, Southern Assets, and Jiao Yin Investment, along with 13 other investors, plan to increase their total investment in Avita Technology by 11.1 billion yuan. Avita indicated that with the successful completion of the Series C financing, it will have more sufficient operating funds to accelerate the research and development, design, brand building, and overseas expansion of subsequent models. The company expects to officially go public with an IPO in 2026.