Market Chatter: China-based 52Toys Eyes $200 Million Hong Kong IPO in H2

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Market Chatter: China-based 52Toys Eyes $200 Million Hong Kong IPO in H2

MT Newswires Live01-24

China-based toy maker 52Toys is looking to list in Hong Kong in the second half and raise $200 million from the deal, The Standard reported Friday, citing the International Financing Review.

The company, which is in talks with investment banks, is looking to join other Chinese toy manufacturers listed in the city, such as Pop Mart International (HKG:9992) and Bloks (HKG:0325).

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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