AdvertisementAdvertisementBusiness21 Sep 2026 08:24AM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Sept 21 : Four Chinese firms are looking to raise up to a combined HK$14.35 billion ($1.83 billion) via separate listings in Hong Kong, with automation equipment maker RoboTechnik accounting for the largest portion, exchange filings showed on Monday.The offerings come as Hong Kong's market for initial public offerings and secondary listings continues to strengthen. Deals have raised about $45.8 billion so far this year, compared with $24 billion in the same period last year, LSEG data showed.RoboTechnik Intelligent Technology is offering 11.9 million H shares at up to HK$436 each, aiming to raise about HK$5.18 billion.Reuters reported on Friday citing sources that RoboTechnik was targeting a Hong Kong listing of about $800 million and planned to launch the deal on September 21 with market debut on September 29.Show MoreShow LessIf both a 15 per cent offer size adjustment option and the over-allotment option are fully exercised, the total deal could reach HK$6.85 billion at the maximum offer price.The Shenzhen-listed company makes equipment for photovoltaic cell manufacturing and assembly and testing systems for silicon photonics devices used in optical interconnects for data centres and AI infrastructure.Printed circuit board maker Shenzhen Kinwong Electronic and materials producer Red Avenue New Materials are seeking to raise up to HK$5.10 billion and HK$3 billion, respectively, through secondary share sales. Precision motor solutions provider Direct Drive Tech will raise HK$1.08 billion in an initial public offering. Shares of all four firms are expected to start trading on the exchange on September 29. ($1 = 7.8451 Hong Kong dollars)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST