This week, the Hang Seng Index rose 0.41% to close at 23493.38 points.

The Hong Kong stock IPO market is relatively deserted this week, with a total of 3 IPOs and 3 IPOs. Three new shares will be listed next week.

Some of the companies that submitted the forms this week were owned by BABA Film.Watch entertainmentLi Kaifu took the helm and handed over the table for the second time.Innovative wisdomAnd Longfor Group'sLonghu Creative Life。

There have been three IPOs in the past week.

Watch entertainmentIs a leading producer and distributor of online dramas and online films in China, specializing in the production, distribution and co-investment of online dramas and online movies, as well as co-investment in cinema films. The company mainly generates revenue from the business divisions of online dramas, online movies, cinema, licensed IP and other businesses. The main body of the company is Flying Technology. Fly-resistant Technology was founded in 2016, and one of its founders is famous host Zhang Likun.

It is worth noting that from the perspective of ownership structure, Zhong Shan, the controlling shareholder of Nashan Entertainment, owns 47.16% of the shares of the pre-IPO company through Zhong Xiaoteng Limited. Except for major shareholders Zhong Shan and Zhang LikunBABA Pictures (01060.HK) $The indirect wholly-owned subsidiary Shanglian Finance is also an important shareholder of Nashan Entertainment, with a stake of 10.35%. BABA's video platform Youku is also an important customer of the company and has a very close cooperative relationship.

Innovative wisdomIs an enterprise AI solution provider. It provides AI platform, algorithm, software and AI enabling equipment to reduce cost and increase efficiency for enterprises and optimize decision-making through intelligent transformation of business operation and information management.

According to wisdom bud data, innovative Qizhi applied for a total of 43 patents, most of which were invention patents, and the earliest patent application was in 2018. In the past three years, the growth rate of patents was 1800.005%, far higher than the average level of their peers.

It is worth noting that Kai-Fu Lee, chairman and CEO of Innovation works, is the chairman of Innovation Chi, and Innovation works is now the largest institutional investor in Innovation Chi.

Longhu Creative LifeIt is the "property Management + Business Management" brand released by Longfor Group. It is a smart life and space service provider providing property management and business operation services in China.$Longfor Group (00960.HK) $The news of the spin-off property listing first came out in 2018, when Longhu Real Estate officially changed its name to Longfor Group, and the property sector in the four main waterways was upgraded from Longhu property to "Longhu Wisdom Service".

As of December 28, 2021, Longhu Zhichuang Life property Management Service signed and strategic cooperation area of about 440 million square meters, in the management area of more than 250 million square meters. According to the prospectus, in the first nine months of 2021, Longhu Zhichuang had an operating income of 7.77 billion yuan, an increase of 81.2 percent over the same period last year, and a net profit of 1.13 billion yuan, an increase of 68.4 percent over the same period last year.

A total of three new shares have completed their initial public offerings in the past week, all of which will officially enter the Hong Kong stock market next week.

$Huanlong Holdings (02260.HK) $The issue price per share is between HK $1.22 and HK $1.44, which is 4.7 times oversubscribed. The company is mainly engaged in the design, manufacture and sales of papermaking blankets. According to the Frost Sullivan report, in 2020, the company ranked fourth among China's leading paper blanket manufacturers by revenue, with a market share of about 5.8%.

$Golden permanent Magnet (06680.HK) $It will go on sale next Friday, completing the Aspirh door-to-door kick.

Jinli permanent Magnet is a manufacturer of high-performance rare earth permanent magnet materials. According to Frost Sullivan, the company's market share of high-performance rare earth permanent magnet materials was about 14.5% in 2020, ranking first in the world. According to Frost Sullivan, in 2020, the company used grain boundary infiltration ("grain boundary infiltration") technology to produce 4111 tons of high-performance rare earth permanent magnet materials, ranking first in the world in the market for rare earth permanent magnet materials infiltrated at grain boundaries, accounting for about 21.3% of the market.

$Tak Ying Holdings (02250.HK) $The issue price is HK $1.22-HK $1.44 per share, with 2000 shares per share, which has been fully subscribed.

Deying Holdings is an intellectual property company and the founder of the well-known IP "Little Yellow Duck" (B.Duck). According to Frost Sullivan, the company is the second largest domestic role intellectual property company in terms of role licensing revenue in 2020, ranking fifth among all role intellectual property companies in China, with a market share of about 2.4%. In terms of sales in 2020, the company's market share in the e-commerce market of intellectual property products in China is about 0.6%.