简讯：三只松鼠香港IPO获中国证监会放行

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has approved snack manufacturer Three Squirrels Co., Ltd. for an initial public offering (IPO) in Hong Kong, clearing a significant regulatory hurdle for the company's listing process [3]. Group 1: IPO Details - Three Squirrels plans to issue 81.5 million shares through the IPO [3]. - The company submitted its preliminary prospectus to the Hong Kong Stock Exchange on May 9, indicating that if the listing is not completed by November 9, an updated prospectus must be submitted [3]. Group 2: Financial Performance - In the first half of the year, Three Squirrels reported revenue of 5.48 billion yuan, an increase of approximately 8% compared to the same period last year, which had revenue of 5.07 billion yuan [3]. - The company's net profit for the same period fell sharply by 52%, from 290 million yuan to 138 million yuan [3]. Group 3: Market Context - Three Squirrels is among the increasing number of Chinese companies listed on the Shanghai and Shenzhen stock exchanges seeking a secondary listing in Hong Kong to leverage global capital markets and enhance international visibility [3]. - The company's stock price on the Shenzhen Stock Exchange has declined by 35% year-to-date [3].