Back to today’s briefing

Story perspectives

Chinese Firms Target HK$6.23 Billion in Upcoming IPOs

1/30/2026

37 9 Full Breakdown

Summary

Story summary

Muyuan Foods Co., Ltd., a Chinese pig breeder, aims to raise HK$1.4 billion in Hong Kong's 2026 IPO.
Proceeds will fund R&D in smart farming and biosecurity.
Shenzhen Han's CNC Technology Co., Ltd. seeks up to HK$4.83 billion for printed circuit board (PCB) production.
For Muyuan, nine months ending September 2025 show revenue up 15.5% to 111.8 billion yuan, with 2025 profits expected to fall due to hog prices.

History

Historical Context

The Hong Kong Stock Exchange has evolved significantly since its inception in 1866, becoming a vital financial hub. In 2018, it raised over HK$300 billion through IPOs, driven by tech firms like Xiaomi and Meituan. This trend reflects a broader shift towards technology and innovation in Hong Kong's economy, crucial for its diversification and resilience against market fluctuations.

1 of 2

Story summary

Muyuan Foods Co., Ltd., a Chinese pig breeder, aims to raise HK$1.4 billion in Hong Kong's 2026 IPO.
Proceeds will fund R&D in smart farming and biosecurity.
Shenzhen Han's CNC Technology Co., Ltd. seeks up to HK$4.83 billion for printed circuit board (PCB) production.
For Muyuan, nine months ending September 2025 show revenue up 15.5% to 111.8 billion yuan, with 2025 profits expected to fall due to hog prices.

1 / 2