Empower Chinese enterprises to globalize and connect digital (2598.HK) to create a global “payment infrastructure” benchmark
In recent months, Hong Kong stocks have seen a significant recovery. Hang Seng Tech Index ETF and Hang Seng Internet ETF have performed quite strongly. However, after this round of continuous sharp increases, the valuation of Hong Kong stocks is still very cheap. The price-earnings ratio quantiles of the Hang Seng Index and the Hang Seng Technology Index are all historically low, lower than the Shanghai Composite Index, and far lower than the NASDAQ and Nikkei 225 Index. It can be said that Hong Kong stocks are now in a proper value depression. Technology companies, in particular, are extremely attractive to investors because they are light in assets, have impressive performance growth rates, and generally have poor valuations. During this time, a company with internet and technological attributes — Connected to Digital — officially opened in Hong Kong
Lianlian Digital (02598.HK) plans to implement full circulation of H shares
Gelonghui, April 26 | Lianlian Digital (02598.HK) announced that the company recently received a number of shareholders' notices to convert several unlisted shares of the company into H shares. In view of the guidelines, the company submitted an application to the China Securities Regulatory Commission on April 26, 2024 relating to the conversion of unlisted shares into H shares. After obtaining all relevant approvals (including approval from the China Securities Regulatory Commission and the Stock Exchange) and complying with all applicable laws, regulations and rules, these unlisted shares will be converted to H shares, and the company will apply for the listing and trading of such H shares on the main board of the Stock Exchange.
Lian Lian Digital (02598) proposes to appoint Wei Ping as Executive Director
Zhitong Finance App News, Lianlian Digital (02598) announced that in April 2024, Xue Qiangjun proposed his resignation as an executive director and financial director in the company due to his intention to invest more energy in other management matters. Xue Qiangjun will continue to be the company's Deputy General Manager. On April 25, 2024, the Board of Directors resolved recommending the appointment of Wei Ping as Executive Director. The appointment is subject to shareholders' approval at the Annual General Meeting of Shareholders. On the same day, the board of directors resolved to appoint Wei Ping as the company's financial director, effective April 25, 2024.
連連數字:2023 年報
Continuous figures (02598.HK): End of price stabilization period and expiration of over-allotment rights
Gelonghui, April 24 | Lianlian Digital (02598.HK) announced that the stable price period for global sales ended on April 24, 2024. The overall coordinator (for himself and on behalf of the international underwriter) did not exercise the over-allotment right during the price stabilization period, and the over-allotment right expired on April 24, 2024.
LianLian Global Offers Secure, Compliant, and Streamlined Cross-Border Remittance Services in Response to Robust Demand
[Monthly IPO Report] The Hong Kong stock IPO market is the starting force, Fujing China Holdings overbought more than 293 times, and Hongji Group made a maximum profit of 4,800 yuan in the first sale
After February's silence, the Hong Kong stock IPO market exploded in March. Seven companies went public one after another, and only 1 went bankrupt. Source: Jinwu Financial News March Fund-raising King - Although the number of listed companies has clearly picked up, it still lacks the boost of large companies. Judging from the scale of fund-raising, the 7 new shares introduced in March were small in overall size, and the Miko Group, which raised the highest amount of capital, was only HK$918 million. According to reports, the company is the third-largest potash enterprise in China and has market advantages. However, industry growth is expected to be in the low single digits. The market for the company's main product, potassium chloride, is also relatively concentrated, and development needs to face challenges. Sino-Thai International said earlier that the government
Lianlian DigiTech Shares Slide 8% in Hong Kong Debut
Lianlian DigiTech (HKG:2598) finished lower during its trading debut on the Hong Kong bourse on Thursday. The digital payment solution provider closed at HK$9.44 per share, down 7.6% from its IPO pric
Continuous digital (2598.HK) Hong Kong stock listing, frontrunner advantage accelerates value growth
On March 28, Lianlian Digital (2598.HK) was officially listed on the main board of the Hong Kong Stock Exchange. On that day, the total market capitalization surpassed HK$10 billion. As the first share in cross-border payments, it must be said that even digital listings have attracted a lot of attention. According to previous public information, during the public sale phase, the number even received 16.94 times the subscription, which shows that market investors have high recognition and confidence in the company's value. In the current market environment, whether from the perspective of the industry or the development of digital itself, we can clearly see that it has a value growth logic of continuous development. The company not only relies on huge industry blue
LIANLIAN: FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023
Lianlian DigiTech Shares Fall 4.1% on Hong Kong Debut
Lianlian DigiTech Shares Fall 4.1% on Hong Kong Debut
Lianlian DigiTech Engaged in Digital-Payment Services
Lianlian DigiTech Engaged in Digital-Payment Services
Lianlian DigiTech Raises HK$548.02M in Net Proceeds From Hong Kong IPO
Lianlian DigiTech Raises HK$548.02M in Net Proceeds From Hong Kong IPO
Lianlian DigiTech Sets IPO Price at HK$10.22/Share
Lianlian DigiTech Sets IPO Price at HK$10.22/Share
Understand the serial number (02598.HK) IPO in one picture
Recently, Lianlian Digital (02598.HK) launched a stock offering to sell 55.92 million shares globally, with an offering price of HK$10.21 to HK$10.95 per share. It is expected to be listed on the main board of the Stock Exchange on March 28, 2024. According to reports, Lianlian Digital is a digital payment solution provider in China with global payment capabilities to serve customers around the world.
Good track, high barriers, what about the “new” and “quality” undertones of serial numbers (2598.HK) that opened the stock offering?
With the deepening degree of global economic integration and the continuous development of cross-border trade, the cross-border payment industry is ushering in more room for development and greater market opportunities.
[IPO] Serial number (02598) offering entry fee of HK$5,530.22 starting today
Jinwu Financial News | Lianlian Digital (02598) will start offering shares today and plans to issue 55.92 million H shares, of which 10% are Hong Kong public offerings and the rest are international placements. The offering price per share ranges from HK$10.21-10.95, 500 shares per lot, and an entry fee of HK$5,530.22. CICC and J.P. Morgan Chase are co-sponsors. The shares are expected to be listed on March 28. The company is a digital payment solution provider in China with global payment capabilities to serve customers around the world. The company plans to use about 60% of the proceeds raised to improve the company's technical capabilities over the next five years; about 3
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