Hong Kong Listings Momentum Builds as Four Chinese Firms Seek to Raise $1.8 Billion

By Kimberley Kao

The Hong Kong listing frenzy gathered pace with four more Chinese companies seeking to raise a total of US$1.8 billion this month, keeping the city on course to remain among the top global venues for fundraising.

The companies, which span industries from artificial intelligence to electronics and manufacturing, aim to raise more than 14 billion Hong Kong dollars, equivalent to US$1.78 billion, according to filings to Hong Kong's exchange operator on Monday.

The offerings come as the Hong Kong market for initial public offerings and secondary listings continues to strengthen. IPOs in the city raised the equivalent of US$43.65 billion in the first eight months of 2026, more than doubling from the same period last year, Hong Kong Exchanges & Clearing data showed.

Shenzhen-listed RoboTechnik Intelligent Technology is offering 11.9 million H shares at up to HK$436.00 each, targeting to raise about HK$5.18 billion.

The company makes equipment and testing systems for the photovoltaic and silicon photonics industry. The products manufactured or processed using its equipment are used mainly in data centers, cloud networks and high-performance computing.

Printed circuit board manufacturer Shenzhen Kinwong Electronic and materials producer Red Avenue New Materials, both already listed in Shanghai, plan to raise up to HK$5.10 billion and HK$3.00 billion, respectively.

Robotics technology company Direct Drive Tech is looking to raise HK$1.08 billion in an IPO.

Shares of all four companies are expected to start trading in Hong Kong on Sept. 29.

Write to Kimberley Kao at kimberley.kao@wsj.com

(END) Dow Jones Newswires

September 20, 2026 23:50 ET (03:50 GMT)