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Express News | Ubot Holding - Expected Result Due to Drop in Sales of Tray and Tray Related Products in Hy, Others
Express News | Ubot Holding Ltd Sees Loss HK$9.5 Mln for Six Months
UBOT HOLDING: PROFIT WARNING
UBOT HOLDING: NOTICE OF BOARD MEETING
[IPO Monthly Report] The Hong Kong IPO market saw a surge in subscription popularity and a significant decrease in the rate of IPOs breaking below the issue price in June. The expectations of the "Big Four" were mixed with both sorrow and joy.
In the first half of 2024, Hong Kong's IPO market continued its recent sluggish trend due to external market factors, global economic uncertainty, and cautious investor sentiment. The "Big Four" lowered their forecast for Hong Kong's annual IPO fundraising at the beginning of the year, but PwC expects Hong Kong's new IPO fundraising to exceed HKD 100 billion this year. PwC stated that the reduction in bearish factors, high demand for funding for business development, and the end of the interest rate hike cycle will bring back funds from Europe, America, and the Middle East to Asia, which is beneficial for market liquidity and valuation improvement. After six months of market baptism, PwC finally gave in and lowered Hong Kong's...
Is the once popular UBON Holdings (08529) now a lesson in what not to invest in, with a 25% stock price plummet just two weeks after going public?
What happened behind the market funds' abandonment of the hot new stock Youbo Holdings?
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