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.

THE frenzy over a toymaker’s Hong Kong initial public offering (IPO) has created a new billionaire. Read more at The Business Times.

A slew of companies have announced plans to list shares in Hong Kong over the next month in a further sign the city’s IPO market is reviving.

HONG KONG – Shares of Bloks Group, the popular Chinese maker of Ultraman and Transformers figurines, will begin trading in Hong Kong on Jan 10 after its US$215 million initial public offering drew overwhelming demand from individual investors.

Bloks Group Ltd., the popular maker of Ultraman and Transformers figurines, raised HK$1.67 billion ($215 million) in Hong Kong, people familiar with the matter said, in a keenly sought-after listing to help kick off the year for initial public offerings in the city.

Shares of BrainAurora Medical Technology, a provider of medical diagnostics and digital therapies, jumped as much as 8.4 per cent in their Hong Kong market debut after completing the city's first initial public offering (IPO) of the year.

Shares in Bloks Group, a maker of Transformers and other toy figurines, as much as doubled on their Hong Kong debut on Friday, making a billionaire of their founder and underlining the surge in ‘kidult’ culture despite falling birth rates in the world’s second-largest economy.