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Home > Latest

Tongrentang Medical Care plans to raise no more than 671.6 million Hong Kong dollars for its Hong Kong IPO.

date
26/06/2026
According to the announcement submitted to the Hong Kong Stock Exchange, Beijing Tongrentang Medical and Health Investment Co., Ltd. is selling 108 million shares in Hong Kong, with a price range of HK$5.48 to HK$6.21 per share. The calculation shows that the company is expected to raise up to HK$671.6 million. It is expected to list for trading on July 7th, with China International Capital Corporation Limited as the sole sponsor.
Latest
3 m ago
Guojin Securities' research report believes that Micron Technology is advancing in the long-term agreement to address the supply-demand gap. Micron Technology has already completed 16 Strategic Customer Agreements (SCAs) with customers downstream covering data centers, consumer electronics, and the automotive market. The duration of the SCAs with automotive customers is three years, while with other customers it is basically five years. The 16 SCA agreements already account for 20% of Micron Technology's DRAM shipment and 1/3 of its NAND shipment. The price range of the SCAs signed by Micron Technology can also bring profitability surpassing that of previous cyclical peaks. Micron Technology expects the DRAM and NAND supply to remain tight until 2027. Guojin Securities believes that the supply of the storage industry is expected to remain tight, and Micron Technology is expected to maintain high profitability continuously. Micron Technology's advancement in long-term agreements with downstream customers is expected to reduce the cyclical fluctuations in the company's product shipment prices and improve its performance.
4 m ago
The South Korean composite stock price index fell by 2% to 8749.43.
6 m ago
Megamedical Ophthalmology-B (06622.HK) spent 340,100 Hong Kong dollars to repurchase 136,000 shares on June 25th.
6 m ago
The South Korean composite stock price index opened down 1.3% at 8813.18 points.
6 m ago
China Securities Research Report stated that the US dollar index has recently rapidly strengthened and gold prices have subsequently fallen below the $4000 per ounce mark. The market's reduced concerns about inflation have not led to a weakening of the US dollar. We believe that the political "re-dollarization" can partly explain the recent strength of the US dollar, but the more important driving factor should come from expectations of tightening US dollar liquidity. We expect the US dollar index to have support for the year, but it may be difficult to sustain its high levels. A US inflation data release could be a catalyst for market adjustments in trading strategies.
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