Group 1 - The Hong Kong stock market opened slightly higher, with the Hang Seng Index at 26,319.40 points, up 77.57 points, a gain of 0.30% [1] - The Hang Seng Tech Index rose to 5,858.41 points, increasing by 21.05 points, a gain of 0.36% [2] - New stock "Leisure Comfort" (02698.HK), known as the "King of African Diapers," opened over 33% higher and reached a maximum increase of 36% during early trading [3] Group 2 - Leisure Comfort reported a trading volume of 16.83 million shares, with a highest price of 35.78 and a lowest price of 34.10, resulting in a total transaction value of 594 million HKD [4] - The company specializes in developing, manufacturing, and selling hygiene products, including baby diapers and sanitary napkins, primarily in emerging markets such as Africa, Latin America, and Central Asia [4] - According to Frost & Sullivan, Leisure Comfort ranks first in market share for baby diapers (20.3%) and sanitary napkins (15.6%) in Africa based on 2024 sales volume [4] Group 3 - New consumption stocks are experiencing a rebound, with "Hushang Auntie" rising over 13% and "Pop Mart" increasing over 4% [5] - Technology stocks are mostly performing well, with Tencent rising over 2% and other companies like Alibaba and Xiaomi increasing over 1% [7] - Lithium battery stocks opened higher, with Tianqi Lithium and Ganfeng Lithium both rising over 5% [7]

（文章来源：每日经济新闻） 每经AI快讯，乐舒适(02698.HK)首挂上市，截至发稿，涨33.51%，报34.98港元，成交额4.83亿港元。 ...

Core Viewpoint - LeShuShi (02698) has successfully listed its shares at a price of HKD 26.20, raising approximately HKD 22.29 billion in net proceeds, with shares currently trading at HKD 34.98, reflecting a 33.51% increase [1] Company Overview - LeShuShi is a multinational hygiene products company focused on rapidly developing emerging markets in Africa, Latin America, and Central Asia, primarily engaged in the development, manufacturing, and sales of baby diapers, pull-ups, sanitary napkins, and wet wipes [1] - The company operates under several brands, including Softcare, Veesper, Maya, Cuettie, and Clincleer, with product sales covering over 30 countries in West, East, and Central Africa [1] Market Position - According to Frost & Sullivan, LeShuShi ranks first in the African market for baby diapers and sanitary napkins by sales volume in 2024, holding market shares of 20.3% and 15.6% respectively [1] - In terms of revenue for 2024, the company ranks second in the African baby diaper and sanitary napkin markets, with market shares of 17.2% and 11.9% respectively [1]

Core Viewpoint - LeShuShi (2698.HK) debuted on the Hong Kong Stock Exchange with a significant opening increase of 33.51%, trading at HKD 34.98, following an IPO pricing of HKD 26.20 [1] Company Overview - LeShuShi is a multinational hygiene products company focused on rapidly developing emerging markets in Africa and Latin America, primarily engaged in the development, manufacturing, and sales of baby diapers, pull-ups, sanitary napkins, and wet wipes [1] - The majority of the company's revenue during the track record period was generated from sales to African customers [1] Market Position - According to Frost & Sullivan, LeShuShi ranks first in the African market for baby diapers and sanitary napkins, with market shares of 20.3% and 15.6%, respectively, based on 2024 sales volume [1] Financial Performance - The company's projected revenues for 2022, 2023, and 2024 are USD 320 million, USD 411.4 million, and USD 454.4 million, respectively [1] - Net profits for the same period are expected to be USD 18.4 million, USD 64.7 million, and USD 95.1 million, respectively [1]

中国10月CPI由降转涨，高于预期，"反内卷"行业价格积极改善。港股三大指数高开，恒指涨0.3%，国 指涨0.26%，恒生科技指数涨0.36%。大型科技股走势分化，阿里巴巴涨近2%，腾讯涨约1%，京东、百 度小幅走低；生物医药板块涨幅居前，其中，君实生物高开超3%，锂电池股、汽车股活跃，天齐锂 业、赣锋锂业齐涨。另外，黄金股、苹果概念股、内险股多数下跌。新股乐舒适高开33.51%。(格隆汇) ...

Core Viewpoint - LeShuShi (02698) has successfully listed its shares at a price of HKD 26.20, raising approximately HKD 2.229 billion, with a notable initial increase of 33.51% to HKD 34.98 per share [1] Company Overview - LeShuShi is a multinational hygiene products company focused on rapidly developing emerging markets in Africa, Latin America, and Central Asia [1] - The company specializes in the development, manufacturing, and sales of baby diapers, pull-ups, sanitary napkins, and wet wipes, with brands including Softcare, Veesper, Maya, Cuettie, and Clincleer [1] - Its products are sold in over 30 countries across West, East, and Central Africa, with a significant portion of revenue derived from sales to African customers [1] Market Position - According to Frost & Sullivan, LeShuShi ranks first in the African market for baby diapers and sanitary napkins by sales volume in 2024, holding market shares of 20.3% and 15.6% respectively [1] - In terms of revenue for 2024, the company ranks second in the African baby diaper and sanitary napkin markets, with market shares of 17.2% and 11.9% respectively [1]

Group 1 - The core viewpoint of the news is that the multinational hygiene products company, LeShuShi (02698.HK), is set to list on November 10, with its dark market trading showing a price increase of 35.88% compared to the offering price [1] - LeShuShi's public offering received approximately 295,000 retail subscriptions, with an oversubscription rate of 1,816 times, resulting in frozen funds of HKD 436.9 billion [1] - The total issuance volume is 90.884 million shares, with an expected fundraising of HKD 2.38 billion [1] Group 2 - LeShuShi focuses on rapidly developing emerging markets in Africa, Latin America, and Central Asia, primarily engaged in the development, manufacturing, and sales of baby diapers, baby pull-ups, sanitary napkins, and wet wipes [2] - The company ranks first in the African market for baby diapers and sanitary napkins by sales volume, with market shares of 20.3% and 15.6% respectively, according to Frost & Sullivan [2] - LeShuShi employs a multi-brand strategy, including its core brand Softcare, to effectively meet diverse consumer needs and expand its overall consumer base [2] Group 3 - As of April 30, 2025, LeShuShi has established eight production plants and 51 production lines in Africa, with a total designed capacity of 6.301 billion baby diapers, 352 million baby pull-ups, 2.854 billion sanitary napkins, and 9.304 billion wet wipes annually [3] - The company's revenue for the years 2022 to 2024 is projected to be USD 320 million, USD 411 million, and USD 454 million, with net profits of USD 18.4 million, USD 64.7 million, and USD 95.1 million respectively [3]

Major Events - LeShuShi (02698) received a subscription rate of 1813.77 times for its public offering in Hong Kong, with an expected listing date of November 10 [1] - Zhongwei New Materials (02579) is in the process of an IPO from November 7 to November 12, with an expected listing on November 17 [1] - Baili Tianheng (02615) is also conducting an IPO from November 7 to November 12, with a listing expected on November 17 [1] - Haohai Biological Technology (06826) plans to acquire the remaining 20% stake in Shenzhen New Industry Ophthalmic Technology Co., Ltd. for 74 million yuan [1] - Weili Zhibo-B (09887) has been included in the MSCI Global Small Cap Index [1] - Heng Rui Medicine (01276) has received clinical trial approval notifications for HRS-2430 injection and SHR-4610 injection [1] Financial Data - Fuzhikang Group (02038) anticipates a year-on-year revenue growth of approximately 15% and significant improvement in financial performance [1] - Boya Interactive (00434) expects a year-on-year increase of approximately 105% to 115% in profit attributable to owners for the first nine months [1] - Longfor Group (00960) reported a total contract sales amount of 55.75 billion yuan for the first ten months [1] - Longyuan Power (00916) completed a total power generation of 62.1519 million megawatt-hours in the first ten months, representing a year-on-year decrease of 0.94% [1]

Core Viewpoint - The company LeShuShi (02698) has successfully launched a global offering of 90.884 million shares, raising approximately HKD 2.229 billion through the issuance [1] Group 1: Offering Details - The global offering consists of 10% allocated for the Hong Kong public offering and 90% for international offering [1] - The final offer price is set at HKD 26.2 per share [1] - Each board lot consists of 200 shares, with trading expected to commence on November 10, 2025, at 9:00 AM Hong Kong time [1] Group 2: Subscription Demand - The Hong Kong public offering received a subscription rate of 1,813.77 times [1] - The international offering was subscribed at a rate of 34.33 times [1]

Core Points - The company LeShuShi (02698) announced a global offering of 90.884 million shares, with 10% allocated for public offering in Hong Kong and 90% for international offering [1] - The final offering price was set at HKD 26.2 per share, resulting in net proceeds of approximately HKD 2.229 billion from the global offering [1] - The shares are expected to commence trading on the Hong Kong Stock Exchange at 9:00 AM on November 10, 2025 [1] - The Hong Kong public offering was oversubscribed by 1,813.77 times, while the international offering was oversubscribed by 34.33 times [1]