Market Chatter: Toymaker Kayou Revives Hong Kong IPO Plans

MT Newswires Live

02/24

Kayou is reviving its plans for an initial public offering in Hong Kong, with filing to be submitted as early as February, Reuters reported Feb. 21.

The Chinese trading card and collectible toy company, which previously attempted to list in 2024 but faced regulatory hurdles, is seeking about $500 million in the IPO, according to the report.

Improved IPO approval rates have encouraged more Chinese firms, particularly in the consumer and tech sectors, to seek offshore funding, Reuters wrote. Kayou follows the success of toymaker Bloks Group, which saw the retail portion of its IPO 6,000 times oversubscribed.

(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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Kayou follows the success of toymaker Bloks Group, which saw the retail portion of its IPO 6,000 times oversubscribed.</p><p>(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.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"513600","symbol_name":"恒生指數ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2513794660","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513794660","pubTimestamp":1740370749,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Kayou follows the success of toymaker Bloks Group, which saw the retail portion of its IPO 6,000 times oversubscribed.(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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}