Hong Kong, Toymaker

Toymakers build fun Hong Kong stocks a playground
Hong Kong's long-dormant animal spirits have found a fun niche in an otherwise gloomy market. Shares in Chinese toymaker Bloks surged 82% on their Friday debut, thanks to overwhelming demand in the city.
Transformers toymaker Bloks to debut in Hong Kong after IPO frenzy
HONG KONG – Shares of Bloks Group, the popular Chinese maker of Ultraman and Transformers figurines, will begin trading in Hong Kong on Jan 10 after its US$215 million initial public offering drew overwhelming demand from individual investors.
Toymaker Becomes a Billionaire After Frenzied Hong Kong IPO
The frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire. Zhu Weisong, founder and chairman of Bloks Group Ltd., was catapulted into the ultra-rich ranks after the company’s $215 million debut Friday drew overwhelming demand from individual investors.
Chinese toy maker Bloks jumps in Hong Kong debut
Shares of Chinese toy maker Bloks Group were set to open 81.6% higher from the initial public offering (IPO) price in Hong Kong debut on Friday. The stocks were set to open at HK$109.60 each in their debut as compared with an IPO price of HK$60.
Chinese Toy Entrepreneur Zhu Becomes Billionaire After Frenzied IPO
The company’s shares jumped as much as 82% from their IPO price in their first trading day Friday, before paring some of the gains to end 54% higher as of 11:30 a.m. Zhu left Chinese gaming company Yoozoo Information Technology almost a decade ago to establish his own toy company.
Toymaker Bloks surges 82% in Hong Kong debut after sizzling IPO reception
Demand from Hong Kong retail investors was 6,000 times more than the amount of shares allocated to them, the second highest on record.
Hong Kong sees no need to change US dollar-pegged currency system
Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S.
CES 2025: Hong Kong start-ups out in force as city strives to become Asian tech hub
Consumer Electronics Show (CES) has seen a record number of Hong Kong tech companies showcase their innovations in Las Vegas, ...
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People’s Republic of China—Hong Kong Special Administrative Region: Staff Concluding Statement of the 2024 Article IV Mission
Hong Kong SAR’s economy is on a path of gradual but uneven recovery after a protracted period of shocks. With continued economic slack and external and domestic headwinds, policies should be geared ...
Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows
A liquidation petition has been filed against indebted property developer Sunac China, the Hong Kong judiciary's website ...
Discover the other side of Hong Kong
Victoria Peak isn't exactly an 'unknown' spot, but it is worth a visit all the same. Taking the historic tram is the quickest ...
Hong Kong Airport Raises $7 Billion in Multi-Currency Bond Sales
The Airport Authority of Hong Kong sold around $7 billion of bonds in three currencies over the course of the week, in one of ...
Venchi Expansion Drive Brings Taste Of Italy To Hong Kong Airport
The new store is expected to be a blueprint for other airport units as Venchi builds out its travel retail estate globally.
Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era
A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only ...
Developer Sunac China Receives Liquidation Petition in Hong Kong
Defaulted builder Sunac China Holdings Ltd. has received a liquidation petition in Hong Kong, according to the city’s ...
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Hong Kong Philharmonic Reveals January 2025 Lineup
The Hong Kong Philharmonic Orchestra will perform a series of concerts in January 2025. Learn more about the full lineup of ...