The firm plans to raise HK$680 million to grow research, expand overseas, and increase production, backed by major cornerstone investors.

What’s going on here?
Guoxia Technology just launched its Hong Kong IPO, aiming to raise up to HK$680 million to boost global expansion and production, all with heavyweight cornerstone investors on board.
What does this mean?
Guoxia Technology’s initial public offering marks a significant step for the firm, hinting at renewed ambition in China’s tech scene. By offering 33.9 million H shares at HK$20.10 each, the company hopes to bring in nearly HK$680 million in fresh funds. Heavyweight cornerstone backers like Huikai HK, Dream’ee HK Fund, and RIME Capital have already snapped up HK$74 million worth of shares, showing strong support for Guoxia’s vision. The fresh capital will go toward ramping up research and development, expanding into overseas markets, and scaling up production – all moves designed to supercharge growth. With a wide group of joint bookrunners involved, this IPO is among the most closely-watched tech listings in Hong Kong this year.
Why should I care?
For markets: Tech listings shine in Hong Kong.
Guoxia’s debut signals growing confidence in Hong Kong’s IPO scene, which has grappled with sluggish activity lately. These cornerstone commitments help reassure investors and highlight pent-up demand for high-growth tech stories across Asia. If this listing keeps up its momentum, it could encourage more tech firms to go public as Hong Kong’s IPO market starts to warm up again.
The bigger picture: China’s technology ambitions go global.
Guoxia isn’t just raising money – it’s leaning into China’s push to build global technology leaders. The company’s expansion plans fit right into efforts to strengthen international reach and ramp up competitiveness, especially as Chinese tech exporters look to stand out globally. This IPO could help set the pace for the sector, influencing both investor sentiment and policy direction around future tech innovation.















