Market Chatter: China-based 52Toys Eyes $200 Million Hong Kong IPO in H2

MT Newswires Live
01-24

China-based toy maker 52Toys is looking to list in Hong Kong in the second half and raise $200 million from the deal, The Standard reported Friday, citing the International Financing Review.

The company, which is in talks with investment banks, is looking to join other Chinese toy manufacturers listed in the city, such as Pop Mart International (HKG:9992) and Bloks (HKG:0325).

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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