China Renaissance Served as Joint Global Coordinator for Pop Mart’s Successful Hong Kong IPO


Source: scitechanddigital.news scitechanddigital.news

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China Renaissance’s Huaxing Growth Capital Backed Pop Mart’s Fundraising in May HONG KONG , Dec. 11, 2020 /PRNewswire/ — 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, China’s largest and fastest-growing pop toy company[1], intends to use the net proceeds raised to expand the...