Hong Kong stock exchange is a popular fundraising destination, with 90 companies having raised US$22.61 billion so far this year, more than double the US$10.84 billion raised from 89 deals a year ago. Photo: EPA-EFEHong Kong stock exchange is a popular fundraising destination, with 90 companies having raised US$22.61 billion so far this year, more than double the US$10.84 billion raised from 89 deals a year ago. Photo: EPA-EFE
Hong Kong stock exchange is a popular fundraising destination, with 90 companies having raised US$22.61 billion so far this year, more than double the US$10.84 billion raised from 89 deals a year ago. Photo: EPA-EFE

China’s Ming Yuan Cloud joins a flurry of companies seeking to raise funds in Hong Kong this month

  • The provider of cloud-based software services to Chinese property developers has secured funding from six cornerstone investors including GIC and Sequoia
  • Shenzhen-based Ming Yuan Cloud is seeking to raise up to US$797 million, while several other IPOs and secondary listings are poised to launch this month

Topic |   IPO
Hong Kong stock exchange is a popular fundraising destination, with 90 companies having raised US$22.61 billion so far this year, more than double the US$10.84 billion raised from 89 deals a year ago. Photo: EPA-EFEHong Kong stock exchange is a popular fundraising destination, with 90 companies having raised US$22.61 billion so far this year, more than double the US$10.84 billion raised from 89 deals a year ago. Photo: EPA-EFE
Hong Kong stock exchange is a popular fundraising destination, with 90 companies having raised US$22.61 billion so far this year, more than double the US$10.84 billion raised from 89 deals a year ago. Photo: EPA-EFE
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