New stock news | Xinghuan Technology (688031.SH) Hong Kong IPO approved by China Securities Regulatory Commission

According to the Wise Finance APP, on June 18, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice of Overseas Issuance and Listing Application for Xinghuan Information Technology (Shanghai) Co., Ltd." Xinghuan Technology (688031.SH) plans to issue no more than 24,583,500 shares of overseas listed common stock and list on the Hong Kong Stock Exchange. According to the Hong Kong Stock Exchange disclosure, the company submitted its listing application to the main board of the Hong Kong Stock Exchange on March 25, 2026, with Haitong International as the exclusive sponsor.