News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<IPO>Lalamove's Parent LALATECH Applies for HK Listing Again
Lalamove's parent company LALATECH is applying for a Hong Kong listing for the fourth time. The joint sponsors are Goldman Sachs, BofA Securities and JP Morgan. Pre-IPO investo...
Reset
Send
The window will close in 5 seconds
<IPO>Lalamove's Parent LALATECH Applies for HK Listing Again
Close
Recommend
25
Positive
43
Negative
18
 
SHORT SELL
 
STOCK INFO

Lalamove's parent company LALATECH is applying for a Hong Kong listing for the fourth time. The joint sponsors are Goldman Sachs, BofA Securities and JP Morgan. Pre-IPO investors included Hillhouse, HongShan, Shunwei Capital, which is owned by the chairman of XIAOMI-W (01810.HK)  -0.500 (-1.037%)    Short selling $1.03B; Ratio 12.882%   , and Crystal Stream.

LALATECH will apply for listing in Hong Kong by way of "weighted voting rights (WVR)" structure. It returned to profit from loss YoY in 1H24, earning US$184 million and recording revenue growth of 18.2% to US$709 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-25 16:25.)

Related NewsJPM: Worst Phase of US-CN Trade Tension Escalation May End; CN Dotcoms Still Top Picks for 'Buying Bounce'

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.