Lakala Payment's Hong Kong IPO Application Lapses After Six-Month Validity Period

Stock News04-17 10:34

Lakala Payment Co., Ltd. (300773.SZ), which had submitted its application for a Hong Kong initial public offering on October 17, 2025, saw its prospectus expire on April 17, 2026, after the standard six-month validity period lapsed. At the time of the application, China Securities (International) Finance Limited served as the exclusive sponsor.

According to the prospectus, Lakala Payment is a leading digital payment and digital commerce solutions provider in Asia. The company uses payment services as an entry point, driven by technologies such as big data, blockchain, and artificial intelligence. Leveraging years of industry experience and commercial insights, it has established an extensive digital business service system. Lakala Payment acts as a key partner for small and medium-sized merchants and corporate clients expanding their operations globally, helping them achieve commercial success.

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