(Bloomberg) – People familiar with the matter said that the Chinese Information Technology Services Company chose Unsplendour Corp.
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Bloomberg News stated that the Beijing -based Juniorndor may raise about one billion dollars in the sale of shares, and it has already been. People said that more banks can be added to the deal, and asked not to recognize it because the information is not general.
UNPLENDOR said on Thursday that she is conducting research on stock financing in the Hong Kong Capital market to accelerate the development of its external business, in the introduction to the Shenzhen Stock Exchange. The company added that it has not ended a specific plan yet and has no specific timetable.
Bank representatives did not respond to the requests for comment.
UNPLENDOR is one of the many Chinese companies in the mainland exchanges that are looking to sell shares in Hong Kong. This trend stems from China’s decision to reduce stock sales on the beach to support the stock market, while the authorities also encourage lists in Hong Kong.
Among the others who plan similar moves include the largest manufacturer of batteries in the world, the world of contemporary Tecnology Co. Ltd. , Jiangsu Hengui Pharmaceuticals Co. Foshan Haitian Flavoring & Food Co.
Hong Kong deals help get out of the stagnation in the activity. The city’s subscription revenues in the city may double more than $ 22 billion this year, as China agrees to more lists and gains in the Hang Singh Index, which has increased by 17 % so far in 2025, raises hopes for higher assessments, according to Bloomberg Intelligence.
In addition to providing information technology services such as cloud computing and software development, UNSPLENDUR creates equipment such as servers and computing storage systems. The shares of the company increased by 12 % in the Church this year, giving them a market value of about 90 billion yuan (12.3 billion dollars).
-With the help of Olivia completely and Foster Wong.
(Updates with the company’s statement in the third paragraph)
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