South China Sea

New Oriental Launches Hong Kong Initial Public Offering

Retrieved on: 
Wednesday, October 28, 2020

The Offering initially comprises 510,600 new Shares under the Hong Kong Public Offering and 7,999,400 new Shares for the International Offering, representing approximately 6.0% and 94.0% of the total number of Shares in the Offering, respectively, subject to re-allocation and over-allotment option.

Key Points: 
  • The Offering initially comprises 510,600 new Shares under the Hong Kong Public Offering and 7,999,400 new Shares for the International Offering, representing approximately 6.0% and 94.0% of the total number of Shares in the Offering, respectively, subject to re-allocation and over-allotment option.
  • Subject to the level of any oversubscription in the Hong Kong Public Offering and pursuant to the clawback mechanism as described in the prospectus issued in Hong Kong, the total number of shares available under the Hong Kong Public Offering could be adjusted to up to a maximum of 2,042,400 new Shares, representing 24.0% of the Offer Shares initially available under the Offering.
  • The offer price for the Hong Kong Public Offering (the "Hong Kong Offer Price") will be not more than HK$1,399.00 per Share (the "Maximum Offer Price").
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Thursday, October 29, 2020 Hong Kong time and will close at 12:00 noon on Tuesday, November 3, 2020 Hong Kong time.

Yanke Corporation to showcase sustainable Beauty Cosmetic line LAVISSE during Cosmoprof Asia Digital Week

Retrieved on: 
Wednesday, October 21, 2020

HONG KONG, Oct. 21, 2020 /PRNewswire/ -- As part of the upcoming Cosmoprof Asia Digital Week taking place from 9-13 November, renowned industry sub-contract manufacturer Yanke will be showcasing their new range of "green" products LAVISSE.

Key Points: 
  • HONG KONG, Oct. 21, 2020 /PRNewswire/ -- As part of the upcoming Cosmoprof Asia Digital Week taking place from 9-13 November, renowned industry sub-contract manufacturer Yanke will be showcasing their new range of "green" products LAVISSE.
  • Yanke is headquartered in Shanghai with offices in Hong Kong serving global clients, with heavy investment in R&D to ensure their product quality meets customer needs and market trends.
  • For parties interested in their services, don't hesitate to register as a buyer to schedule an online meeting with Yanke from November 9 to 13.
  • Cosmoprof Asia is hosting the first-ever online event and provide 5 days of comprehensive webinars, virtual live demonstrations and business matching during the entire digital week, from November 9 to 13.

GDS Launches Hong Kong Initial Public Offering

Retrieved on: 
Tuesday, October 20, 2020

SHANGHAI, China, Oct. 20, 2020 (GLOBE NEWSWIRE) -- GDS Holdings Limited (GDS or the Company) (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 160,000,000 new Class A ordinary shares (the Shares) and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9698.

Key Points: 
  • SHANGHAI, China, Oct. 20, 2020 (GLOBE NEWSWIRE) -- GDS Holdings Limited (GDS or the Company) (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 160,000,000 new Class A ordinary shares (the Shares) and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9698.
  • Subject to the level of any oversubscription in the Hong Kong Public Offering and pursuant to the alternative clawback mechanism and corresponding conditions as described in the prospectus issued in Hong Kong, the total number of Shares available in the Hong Kong Public Offering could be adjusted to up to a maximum of 32,000,000 new Shares, representing approximately 20% of the total number of Shares initially available in the Offering.
  • The offer price for the Hong Kong Public Offering (the Hong Kong Offer Price) will be no more than HK$86.00 per share (the Maximum Offer Price).
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Wednesday, October 21, 2020 Hong Kong time and will close at 12:00 noon on Tuesday, October 27, 2020 Hong Kong time.

China and Hong Kong Data Center Market Outlook and Forecast 2020-2025: Market Likely to be Driven by Investment Increases in Artificial Intelligence, Blockchain, and Quantum Computing

Retrieved on: 
Friday, October 2, 2020

DUBLIN, Oct. 2, 2020 /PRNewswire/ -- The "Data Center Market in China and Hong Kong - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 2, 2020 /PRNewswire/ -- The "Data Center Market in China and Hong Kong - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • China and Hong Kong data center market size is expected to reach revenue of close to $27 billion by 2025, growing at a CAGR close to 2% during the forecast period.
  • The following factors are likely to contribute to the growth of the China and Hong Kong data center market during the forecast period:
    The data center market in China & Hong Kong is likely to be driven by the increase in the investment in artificial intelligence, blockchain, and quantum computing.
  • The data center construction market in China and Hong Kong is continuing to grow in terms of greenfield and brownfield facility construction.

Zai Lab Announces Closing of Hong Kong Secondary Listing

Retrieved on: 
Monday, September 28, 2020

SHANGHAI and SAN FRANCISCO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Zai Lab Limited (Zai Lab or the Company) (NASDAQ: ZLAB), an innovative commercial stage biopharmaceutical company, today announced listing of its ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9688 and the closing of its previously-announced Hong Kong secondary listing (the Hong Kong Secondary Listing) of 10,564,050 new ordinary shares (the Offer Shares or Shares) which comprises an international offering (the International Offering) and a Hong Kong public offering (the Hong Kong Public Offering, and together with the International Offering, the Offering).

Key Points: 
  • SHANGHAI and SAN FRANCISCO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Zai Lab Limited (Zai Lab or the Company) (NASDAQ: ZLAB), an innovative commercial stage biopharmaceutical company, today announced listing of its ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9688 and the closing of its previously-announced Hong Kong secondary listing (the Hong Kong Secondary Listing) of 10,564,050 new ordinary shares (the Offer Shares or Shares) which comprises an international offering (the International Offering) and a Hong Kong public offering (the Hong Kong Public Offering, and together with the International Offering, the Offering).
  • The gross proceeds to Zai Lab from this Offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately HK$5.94 billion.
  • and Citigroup Global Markets Asia Limited (or its affiliate, as the case may be)are the joint sponsors, joint global coordinators, joint bookrunners and joint lead managers for the proposed Hong Kong Secondary Listing.
  • This press release has not been reviewed or approved by the Hong Kong Stock Exchange or the Securities and Futures Commission of Hong Kong.

Zai Lab Announces Pricing of Hong Kong Secondary Listing

Retrieved on: 
Tuesday, September 22, 2020

SHANGHAI and SAN FRANCISCO, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Zai Lab Limited (Zai Lab or the Company) (NASDAQ: ZLAB), an innovative commercial stage biopharmaceutical company, today announced the pricing of the Hong Kong secondary listing (the Hong Kong Secondary Listing) of 10,564,050 new ordinary shares (the Offer Shares or Shares) which comprises an international offering (the International Offering) and a Hong Kong public offering (the Hong Kong Public Offering).

Key Points: 
  • SHANGHAI and SAN FRANCISCO, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Zai Lab Limited (Zai Lab or the Company) (NASDAQ: ZLAB), an innovative commercial stage biopharmaceutical company, today announced the pricing of the Hong Kong secondary listing (the Hong Kong Secondary Listing) of 10,564,050 new ordinary shares (the Offer Shares or Shares) which comprises an international offering (the International Offering) and a Hong Kong public offering (the Hong Kong Public Offering).
  • Subject to approval from The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange), the Shares are expected to begin trading on the Main Board of the Hong Kong Stock Exchange on September28, 2020 under the stock code 9688 The Hong Kong Secondary Listing is expected to close on the same day, subject to customary closing conditions.
  • The gross proceeds to the Company from the Hong Kong Secondary Listing, before deducting underwriting fees and the offering expenses, are expected to be approximately HK$5.94 billion.
  • Upon the secondary listing in Hong Kong, the Hong Kong-listed ordinary shares will be fully fungible with the ordinary shares represented by the ADSs listed on the NASDAQ.

Baozun Launches Hong Kong Initial Public Offering

Retrieved on: 
Thursday, September 17, 2020

SHANGHAI, China, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Baozun Inc. (Nasdaq: BZUN) (Baozun or the Company), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 40,000,000 new Class A ordinary shares (the Offer Shares or Shares) and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (Hong Kong Stock Exchange) under the stock code 9991.HK.

Key Points: 
  • SHANGHAI, China, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Baozun Inc. (Nasdaq: BZUN) (Baozun or the Company), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 40,000,000 new Class A ordinary shares (the Offer Shares or Shares) and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (Hong Kong Stock Exchange) under the stock code 9991.HK.
  • The Offering initially comprises4,000,000 new Shares for the Hong Kong Public Offering and 36,000,000 new Shares for the international offering (the International Offering), representing approximately 10.0% and 90.0% of the total number of Shares in the Offering, respectively, subject to re-allocation and over-allotment.
  • Subject to the level of any oversubscription in the Hong Kong Public Offering and pursuant to the clawback mechanism as described in the prospectus issued in Hong Kong, the total number of Shares available in the Hong Kong Public Offering could be adjusted to up to a maximum of 20,000,000 new Shares, representing approximately 50% of the Offer Shares initially available in the Offering.
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Friday, September 18, 2020 Hong Kong time and will close at 12:00 noon on Wednesday, September 23, 2020 Hong Kong time.

Zai Lab Launches Hong Kong Secondary Listing

Retrieved on: 
Wednesday, September 16, 2020

SHANGHAI and SAN FRANCISCO, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Zai Lab Limited (Zai Lab or the Company) (NASDAQ:ZLAB), an innovative commercial stage biopharmaceutical company, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 10,564,050 new ordinary shares (the Offer Shares or Shares) and listing of its ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9688.

Key Points: 
  • SHANGHAI and SAN FRANCISCO, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Zai Lab Limited (Zai Lab or the Company) (NASDAQ:ZLAB), an innovative commercial stage biopharmaceutical company, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 10,564,050 new ordinary shares (the Offer Shares or Shares) and listing of its ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9688.
  • Upon listing in Hong Kong, the ordinary shares listed on the Hong Kong Stock Exchange will be fully fungible with the ordinary shares represented by the ADSs listed on Nasdaq.
  • Zai Lab has decided to adopt a fully electronic application process for the Hong Kong Public Offering, with no printed copies of prospectuses or application forms to the public in relation to the Hong Kong Public Offering.
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Thursday, September 17, 2020 Hong Kong time and will close at 12:00 noon on Tuesday, September 22, 2020 Hong Kong time.

ZTO EXPRESS Launches Hong Kong Initial Public Offering

Retrieved on: 
Wednesday, September 16, 2020

SHANGHAI, Sept. 16, 2020 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO) (the "Company" or "ZTO EXPRESS"; Stock code: 2057.HK), a leading express delivery company in China, today announced the launch of its Hong Kong public offering (the "Hong Kong Public Offering"), whichforms part of the global offering (the "Offering") of 45,000,000 new Class A ordinary shares (the "Offer Shares") and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") under the stock code "2057".

Key Points: 
  • SHANGHAI, Sept. 16, 2020 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO) (the "Company" or "ZTO EXPRESS"; Stock code: 2057.HK), a leading express delivery company in China, today announced the launch of its Hong Kong public offering (the "Hong Kong Public Offering"), whichforms part of the global offering (the "Offering") of 45,000,000 new Class A ordinary shares (the "Offer Shares") and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") under the stock code "2057".
  • The Offering initially comprises 2,250,000new Offer Shares under the Hong Kong Public Offering and42,750,000 new Offer Shares for the international offering (the "International Offering"), representing approximately 5% and 95% of the total number of Offer Shares in the Offering, respectively, subject to re-allocation and over-allotment.
  • The offer price for the Hong Kong Public Offering (the "Hong Kong Offer Price") will be no more than HK$268 per Class A ordinary share (the "Maximum Offer Price").
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Thursday,17 September2020 Hong Kong time and will close at 12:00 noon on Tuesday,22 September2020 Hong Kong time.

Hong Kong Laureate Forum: Calling Outstanding Young Scientists in Astronomy, Life Science and Medicine, and Mathematical Sciences!

Retrieved on: 
Monday, September 14, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200913005003/en/
    Open Application from 14 September to 13 December 2020 (Graphic: Business Wire)
    The inaugural Hong Kong Laureate Forum will be held on 15-20 November 2021 in Hong Kong.
  • Being Asias world city and a city long celebrated for its vibrancy, Hong Kong is an ideal place for such an international gathering.
  • I hope the Hong Kong Laureate Forum will make young people really enthusiastic and curious about science.
  • With this press release, we would like to extend an invitation to the Press to attend and report on the inaugural Hong Kong Laureate Forum.