Five Chinese Tech Companies Launch Public Offerings in Hong Kong
五家中國科技公司在香港公開招股
Introduction
Five Chinese companies specializing in advanced manufacturing and technology have started the process of listing on the Hong Kong stock market to raise a total of approximately HK$44.1 billion.
五家專門從事先進製造與科技的中國公司，已開始在香港股票市場上市程序，旨在籌集總計約 441 億港元。
Main Body
This increase in market activity follows Beijing's policy of encouraging domestic industry leaders to list their companies within the region. According to LSEG data, new listings in Hong Kong reached $22.45 billion in the first half of the year. This represents a 57 percent increase compared to the previous year and is the highest level of activity seen in five years.
市場活動的增加源於北京鼓勵國內產業龍頭在該區域內上市。根據 LSEG 數據，今年上半年香港的新上市金額達到 224.5 億美元。這比去年增長了 57%，是五年來最高的活躍水平。
Among these companies, Luxshare Precision Industry, a major partner for Apple, has the largest offering. The company aims to raise up to HK$24.27 billion by selling 383.5 million shares. Furthermore, the company is focusing on international investors, who will receive about 90 percent of the shares. This move supports a strategy to diversify its income; while consumer electronics made up nearly 80 percent of its revenue last year, automotive electronics grew to 11.8 percent of sales in 2025. Frost & Sullivan describes Luxshare as the leading provider of intelligent manufacturing solutions in mainland China.
在這些公司中，Apple 的主要合作夥伴立訊精密工業（Luxshare Precision Industry）的招股規模最大。該公司旨在透過出售 3.835 億股籌集高達 242.7 億港元。此外，該公司將重點對準國際投資者，後者將獲得約 90% 的股份。此舉支持其多元化收入的策略；雖然消費電子產品在去年佔其收入近 80%，但汽車電子產品在 2025 年增長至銷售額的 11.8%。Frost & Sullivan 將立訊描述為中國內地智能製造解決方案的領先供應商。
Four other specialized firms are also seeking funds: Chaozhou Three-Circle wants HK$7.16 billion for ceramic materials, Nexchip Semiconductor seeks HK$6.98 billion for chip production, Guangdong Dtech Technology aims for HK$4.80 billion for circuit board tools, and Rokae (Shandong) Robotics Group intends to raise about HK$875 million. Together, these companies cover a wide range of the high-tech supply chain, including robotics and semiconductors.
另外四家專業公司也在尋求資金：潮州三環（Chaozhou Three-Circle）陶瓷材料需要 71.6 億港元，Nexchip 半導體為晶片生產尋求 69.8 億港元，廣東 Dtech Technology 針對電路板工具目標為 48 億港元，而珞開（山東）機器人集團（Rokae (Shandong) Robotics Group）擬籌集約 8.75 億港元。這些公司共同涵蓋了高科技供應鏈的廣泛領域，包括機器人與半導體。
Conclusion
Overall, this situation shows that Chinese technology firms are using the Hong Kong market to grow their businesses and diversify their operations.
總體而言，這種情況顯示中國科技公司正利用香港市場來擴大業務並實現多元化經營。
Vocabulary Learning
🚀 The 'B2 Power-Up': Moving from Simple to Sophisticated
At the A2 level, you probably say: "The company wants more money" or "The company is doing new things."
To reach B2, you need to replace these simple phrases with Precise Action Verbs. Look at how this article describes business growth without using the word "get" or "do":
💎 Precision Vocabulary Shift
| A2 Basic (Simple) | B2 Professional (Precise) | Context from Text |
|---|---|---|
| To get money | To raise funds | "...to raise a total of approximately HK$44.1 billion." |
| To start/put on a list | To list / To launch an offering | "...started the process of listing on the Hong Kong stock market." |
| To change/mix things | To diversify | "...a strategy to diversify its income." |
| To be about/include | To cover a wide range | "...these companies cover a wide range of the high-tech supply chain." |
🛠️ Grammar Hack: The "Active Result" Structure
Notice this sentence:
"This represents a 57 percent increase compared to the previous year..."
Why this is B2: Instead of saying "The number went up by 57%" (A2), the writer uses "This represents...".
The Rule: Use [Subject] + [represents/constitutes] + [Noun Phrase] to describe data. It transforms a simple observation into a professional analysis.
Try swapping your brain:
- ❌ My rent is 30% of my salary. (A2)
- ✅ My rent represents 30% of my monthly income. (B2)
⚠️ Pro-Tip: The "Furthermore" Bridge
Stop using "And" or "Also" to start every sentence. The article uses "Furthermore". It is a formal signal that tells the reader: "I have given you one important fact, and now I am adding an even more important one."