Toymaker Bloks surges 82% in Hong Kong debut

Toymakers build fun Hong Kong stocks a playground
Hong Kong's long-dormant animal spirits have found a fun niche in an otherwise gloomy market. Shares in Chinese toymaker Bloks surged 82% on their Friday debut, thanks to overwhelming demand in the city.
Toymaker Becomes a Billionaire After Frenzied Hong Kong IPO
The frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire. Zhu Weisong, founder and chairman of Bloks Group Ltd., was catapulted into the ultra-rich ranks after the company’s $215 million debut Friday drew overwhelming demand from individual investors.
Toymaker Bloks surges 82% in Hong Kong debut after sizzling IPO reception
Demand from Hong Kong retail investors was 6,000 times more than the amount of shares allocated to them, the second highest on record Shares of Chinese toymaker Bloks Group surged as much as 82 per cent in their Hong Kong market debut after its initial public offering (IPO) attracted huge demand from retail and institutional investors.
Bloks Group Shares Rise 72% in Hong Kong Debut
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Chinese toy maker Bloks jumps in Hong Kong debut
Shares of Chinese toy maker Bloks Group were set to open 81.6% higher from the initial public offering (IPO) price in Hong Kong debut on Friday.

Shiu Ka-chun, Advocate for Hong Kong Prisoners, Is Dead

Hong Kong customs officer involved in fatal motorbike crash placed on leave
Customs chief Chan Tsz-tat says officers must be held responsible for conduct on or off-duty, stressing ‘safety is the ...
Hong Kong's incredible new high-speed train covering 652 miles in just 7 hours
This incredible train service update will see two of bustling cities easily connected boosting tourism and business ...
Protecting Hong Kong’s marine life
Dive in to the waters surrounding Hong Kong with students who are helping a local non-profit create new marine protected ...
Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut
Shares in Bloks Group, a maker of Transformers and other toy figurines, as much as doubled on their Hong Kong debut on Friday ...
Hong Kong airport makes history raising $7 billion in bonds issue
Airport Authority Hong Kong raised $7 billion this week by issuing bonds in three currencies - the largest ever public ...
IMF Turns Less Upbeat on Hong Kong Growth With 2025 Forecast Cut
The International Monetary Fund lowered its forecast for Hong Kong’s economic growth this year and warned of the risks Asia’s ...
‘The Last Dance’ Review: Hong Kong Blockbuster Resonates With Compassion And Authenticity
Hong Kong moviegoers continued to prove their willingness to turn out for local productions in 2024, pushing Anselm Chan’s ...
Venchi Expansion Drive Brings Taste Of Italy To Hong Kong Airport
The new store is expected to be a blueprint for other airport units as Venchi builds out its travel retail estate globally.
Hong Kong Airport Raises $7 Billion in Multi-Currency Bond Sales
The Airport Authority of Hong Kong sold around $7 billion of bonds in three currencies over the course of the week, in one of ...
Discover the other side of Hong Kong
Victoria Peak isn't exactly an 'unknown' spot, but it is worth a visit all the same. Taking the historic tram is the quickest ...
Hong Kong urged to make ‘smarter’ spending, after IMF backs saving efforts
Experts make call a day after report from IMF also advises tax revenue boost to tackle mounting spending pressures as ...