“This project went from summer to winter, and although it was affected by short-term market fluctuations, it still received investors' attention.” Looking back at the process of Higashiyama Precision's listing in Hong Kong, Zhu Zhengqin, vice chairman of the Asia region of UBS Group's Global Investment Banking Department, said in an interview with reporters a few days ago. This offering of nearly 1.5 billion US dollars attracted 20 cornerstone investors. The international placement was subscribed about 3.2 times, but the public sale portion was not fully subscribed. The mixed reactions of institutions and retail investors also made this transaction a window to observe the recent Hong Kong stock IPO market. Zhu Zhengqin told reporters that in the fourth quarter, investors in Hong Kong stocks tend to be cautious, and the difficulty of issuance has increased, but there are still financing opportunities for high-quality companies. As Chinese companies continue to grow and their business becomes more international, the Hong Kong stock market will continue to welcome new listing resources, and international capital will also seek investment targets with long-term growth potential.

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