China Renaissance Served as Joint Global Coordinator for Pop Martࢀ™s Successful Hong Kong IPO

Key Topics in this News Article:
News Snapshot:

China Renaissanceࢀ™s Huaxing Growth Capital Backed Pop Martࢀ™s Fundraising in May HONG KONG , Dec. 11, 2020 /PRNewswire/ ࢀ" China Renaissance (“China Renaissance”, stock code: 1911.HK) served as the joint global coordinator for the successful initial public offering (“IPO”) of Pop Mart International Group Limited (“Pop Mart” or the “Company”, stock code: 9992.HK) on the Hong Kong Stock Exchange. Pop Mart raised approximately HK$6.01 billion with a total of 156 million shares (including the overallotment option) priced at HK$38.5 per share. Pop Mart, Chinaࢀ™s largest and fastest-growing pop toy company[1], intends to use the net proceeds raised to expand the…