Hong Kong: Four Chinese companies launch strong IPOs in Hong Kong.

Shotlist FILE: Hong Kong- Date Unknown 1. Various of Exchange Square, Hong Kong Exchanges and Clearing Limited (HKEX); screens showing stock market information Shanghai, China - Sept 21, 2026 2. SOUNDBITE (English) Timothy Pope, market analyst: "The real action today was on Hong Kong's IPO market, with four Chinese firms launching share offerings aimed to bring in a total of more than 1.8 billion U.S. dollars. Now, the biggest of these is RoboTechnik, which despite the name isn't really a robotics company. Its traditional business is automation equipment and solar-cell manufacturing, but its exposure to AI data-centers and the buildout in that sector has grown enormously since it completed the acquisition of German firm ficonTEC last year." FILE: Hong Kong, China - Oct 2024 3. Various of interior of HKEX Shanghai, China - Sept 21, 2026 4. SOUNDBITE (English) Timothy Pope, market analyst: "While Hong Kong's IPO scene has been hot this year, aftermarket trading has been pretty frosty lately. Five of the six companies which have debuted so far this month are now trading below their IPO prices, and several - including Shein, Longsys and Mech-Mind - are down around 20 percent or more. So that is really the challenge for RoboTechnik and the other three companies launching deals today. They are Kinwong Electronic, Red Avenue New Materials and Direct Drive Tech." FILE: Hong Kong, China - Date Unknown 5. Various of traffic, pedestrians 6. Aerial shot of cityscape 7. Various of ships sailing, buildings Storyline Hong Kong saw strong IPO activity on Monday, with four Chinese firms launching offerings worth more than 1.8 billion U.S. dollars in total. Hong Kong's stock market ended higher with the benchmark Hang Seng Index up 1.18 percent to close at 25,042.71 points. Even though pharma stocks dominated offshore trading, it was the IPO launches of four Chinese enterprises that took center stage at the Hong Kong markets, according to China Global Television Network (CGTN) market analyst Timothy Pope. "The real action today was on Hong Kong's IPO market, with four Chinese firms launching share offerings aimed to bring in a total of more than 1.8 billion U.S. dollars. Now, the biggest of these is RoboTechnik, which despite the name isn't really a robotics company. Its traditional business is automation equipment and solar-cell manufacturing, but its exposure to AI data-center and the buildout in that sector has grown enormously since it completed the acquisition of German firm ficonTEC last year," said Pope. The hefty sums have caught eyes, but the analyst hedged hopes for the near future of these shares, noting that open-market trading could be considerably less forgiving. "While Hong Kong's IPO scene has been hot this year, aftermarket trading has been pretty frosty lately. Five of the six companies which have debuted so far this month are now trading below their IPO prices, and several - including Shein, Longsys and Mech-Mind - are down around 20 percent or more. So that is really the challenge for RoboTechnik and the other three companies launching deals today. They are Kinwong Electronic, Red Avenue New Materials and Direct Drive Tech," Pope said. [Restrictions: No access Chinese mainland]