MetaX Integrated Circuits Shanghai (SHA:688802) is planning an initial public offering (IPO) of H-shares and listing on the main board of The Stock Exchange of Hong Kong, the company said in a filing on Friday.
Details of the IPO are yet to be finalized.
Since shares of the company began to trade in Shanghai in December 2025 after raising $586 million, the stock has surged 564%. The current market value of the firm stands at 278 billion yuan, according to Bloomberg News on Friday.
Asia Commercial (HKG:0104) expects a net profit of at least HK$39 million for the year ended March 31, up from HK$24 million a year prior, according to a Friday Hong Kong bourse filing.The watch seller attributed the forecast to a reduction in fair value losses on investment properties.
Central Plains Environment Protection (SHE:000544) wholly-owned subsidiary Zhengzhou Xinhong Reclaimed Water Resources Development and Utilization will invest 10 million yuan to establish a clean energy supply company.The newly-established company will utilize local reclaimed water, geothermal, and other resources, according to a Friday filing with the Shenzhen bourse.
OKG Technology (HKG:1499) expects an attributable loss of at least HK$20 million for the year ended March 31, compared with HK$15.8 million a year prior, according to a Friday Hong Kong bourse filing.The construction engineering company attributed the forecast to a lower revenue from the foundation, building construction work, and ancillary services segment.