Summary of Key Points Core Viewpoint The article discusses the recent activities on the Hong Kong Stock Exchange (HKEX) from September 15 to September 21, highlighting the number of companies that submitted applications, those that passed hearings, and new listings. Group 1: Companies Submitting Applications - A total of 11 companies submitted applications to the HKEX during the specified period [1] - Notable companies include: - Meilian Steel Structure (Shanghai) Co., Ltd.: Ranked third in China's prefabricated steel structure market with a market share of 3.5% [2] - Hangzhou New Element Pharmaceutical Co., Ltd.: Focused on developing therapies for metabolic, inflammatory, and cardiovascular diseases [3] - Jiangsu Zhongrun Solar Technology Co., Ltd.: Second in global photovoltaic cell manufacturing with a market share of 14.6% [4] - Beijing Junzheng Integrated Circuit Co., Ltd.: A leading provider of chips for various high-tech applications [5] - Shanghai Aike Baifa Biopharmaceutical Technology Co., Ltd.: Focused on therapies for respiratory and pediatric diseases [7] - Nuwa Insight Technology Co., Ltd.: An AI technology company in the insurance sector [8] - Huaqin Technology Co., Ltd.: A leading ODM platform for smart products [9] - Saimite Information Group Co., Ltd.: A leading provider of intelligent industrial software solutions [10] - Guangzhou Ruoyu Chen Technology Co., Ltd.: An e-commerce operation company [11] - Quantitative Holdings Limited: Focused on online market operations in the consumer sector [12] - Hangzhou Xianweida Biotechnology Co., Ltd.: A biopharmaceutical company nearing commercialization [13] Group 2: Companies Passing Hearings - Two companies successfully passed the listing hearings: - Shenzhen Xipuni Precision Technology Co., Ltd.: A designer and manufacturer of gold watch cases and bands [14] - Xuanzhu Biotechnology Co., Ltd.: An innovative biopharmaceutical company with multiple drug assets in development [15] Group 3: Companies Launching IPOs - Four companies initiated their IPOs: - Jingfang Pharmaceutical-B: Global offering of 89.24 million shares with a net fundraising of approximately HKD 1.67 billion [17] - Different Group: Global offering of 10.98 million shares with a price range of HKD 62.01-71.20 [18] - Chery Automobile: Global offering of 297 million shares with a price range of HKD 27.75-30.75 [19] - Zijin Gold International: Global offering of 349 million shares with a price of HKD 71.59 [20] Group 4: New Listings - Three new stocks were listed: - Hesai Technology (HK:02525): Closed at HKD 234.0 per share, up 9.96% on the first day [20] - Health 160 (HK:02656): Closed at HKD 28.22 per share, up 137.34% on the first day [21] - Jingfang Pharmaceutical-B (HK:02595): Closed at HKD 42.10 per share, up 106.47% on the first day [22]