IPO

Megvii’s Hong Kong IPO application lapsed after it appeared on the US government’s Entity List.

Baidu and Bilibili are also reportedly planning secondary listings in Hong Kong.

Here’s a look at the key trends in China’s capital markets.

The healthcare sector was drawing most of the investor interest.

A frenzy of SPAC mergers took place in 2020. In the coming year, blank check companies may give Southeast Asian tech companies a route to new investors.

The listing was delayed due to the large number of orders placed in the secondary market, a source told 36Kr.

It’s a different version of a direct listing, but with more potential, says MDI Ventures’ Hartanto.

China registered 395 new listings raising a total of USD 72 billion in Shanghai and Shenzhen combined, the largest amount since 2010.