Ancora Advisors Opens New $148 Million Americold Realty Position Amid the REIT's 42% Pullback
Healthcare Logistics Industry Report 2026-2035: A $213.74 Billion Market by 2030 With AmerisourceBergen, CEVA Logistics, Cold Chain Technologies, Deutsche Post DHL Group, and UPS Healthcare Leading
Hongxing Coldchain Invests RMB50 Million Idle Funds in Principal-Protected Wealth Product
Hong Kong Stock IPO Monthly Report | January new stock success rate at 100%! MINIMAX surged over 109% on the first day, earning more than HKD 16,000 per lot for investors.
As of January 2026, the IPO market has remained robust, with all 13 new listings achieving gains on their debut day, setting an optimistic tone for the market throughout the year.
Emerging Value Opportunity: The Fundamental Strength and Revaluation Logic of Red Star Cold Chain (01641)
For Red Star Cold Chain, short-term fluctuations driven by non-fundamental factors do not undermine its long-term logic but instead offer rational investors an opportunity to thoroughly assess its true value.
Hongxing Cold Chain surged during trading as the state clarified the development plan for the cold chain logistics industry. The company is focusing on the central region's cold chain market.
Hongxing Cold Chain (01641) surged over 15% during the trading session. As of the time of writing, it was up 10.21%, trading at HKD 9.5, with a turnover of HKD 8.4183 million.
Hong Kong Stock IPO Weekly Report | Multiple companies, including Jiehua Technology, filed for listing en masse; GigaDevice's debut week saw a nearly 70% surge.
According to Livermore Securities, this week (January 12th to January 18th), 24 companies submitted listing applications to the Hong Kong Stock Exchange, three companies passed the hearing, one company started its initial public offering, and four new stocks were listed.
The First Company to Have Its Review Deferred in 2026 | Key Developments in IPOs This Week
In the past week, IPO activities in both domestic and overseas capital markets have been frequent, kicking off an active year. Zhejiang Xinseng Technology Co., Ltd.'s IPO was postponed on the day of its review, marking the first deferred IPO case in the Shanghai, Shenzhen, and Beijing exchanges in 2026. The Hong Kong IPO market has continued its vibrant start to the year, with 20 companies submitting listing applications to the Hong Kong Stock Exchange in quick succession. These companies span various high-growth sectors such as consumer retail, semiconductors, biomedicine, agriculture, animal husbandry, and logistics. Both advanced technology and consumer-driven industries are driving momentum, showcasing Hong Kong's appeal to quality enterprises while reflecting capital markets' preference for leading players in niche fields.
Express News | Eleven new stocks debut on the Hong Kong Stock Exchange, marking a strong start for Hong Kong's stock market in 2026.
Hong Kong Stocks Continue Upward Momentum; Three Firms Make Market Debut
Hong Kong Stock Market Review: The Hang Seng Index rose by 0.9%, with most insurance and banking stocks showing strong activity, while AI application concept stocks experienced a broad-based pullback.
The three major indexes of Hong Kong stocks exhibited a high-open-low-close trend, failing to sustain the strong upward momentum from the previous day. Technically, this resulted in a false bearish candlestick, indicating that market sentiment may remain cautious. The Hang Seng Tech Index reversed its gains and turned negative in the afternoon, eventually closing with a slight increase of 0.11%. The Hang Seng Index and the China Enterprises Index maintained their upward trends throughout the day but saw narrowed gains, rising by 0.9% and 0.71%, respectively. On the sector front, AI application concept stocks, which had fueled bullish sentiment yesterday, collectively retreated, while some heavyweight technology stocks also turned lower. Specifically, Kuaishou fell by 2.2%, Xiaomi and Baidu dropped nearly 2%, and Alibaba's gain narrowed to 3.6% after surging 6.3% intraday. Meanwhile, concerns over the Federal Reserve persisted.
Hong Kong Stock Movement | Red Star Cold Chain Narrowly Avoids Breaking Issue on First-Day Listing, Morning Session Surges by 60% at One Point
Gelonghui January 13 | Frozen food warehousing service provider Red Star Cold Chain (1641.HK) went public on the Hong Kong Stock Exchange today, opening at HK$19.58 with a rise of 59.71%. After a brief surge to HK$19.70 (a gain of 60.69%), the stock price quickly reversed and plummeted linearly. The pressure persisted into the afternoon session, with the price once dropping to the IPO price of HK$12.26. Analysts pointed out that the company's shares are highly concentrated among a small number of shareholders, meaning even trading a small number of H shares could lead to significant fluctuations in the stock price. Investors must exercise caution during transactions. Red Star Cold Chain globally offered 23.263 million shares, with 10% allocated for public offering in Hong Kong.
Hong Kong Stock Market Morning Review: The three major indices opened more than 1.2% higher, with AI application-related stocks continuing to perform strongly; three newly listed stocks surged on their debut.
Gelonghui, January 13 | Chinese概念股 surged with Alibaba skyrocketing by 10%, gold and silver reignited a bull market in commodities, while the Dow and S&P 500 reached new highs. Hong Kong's three major indexes opened significantly higher, with the Hang Seng Index up 1.32%, the China Enterprises Index rising 1.25%, and the Hang Seng Tech Index climbing 1.93%. Leading technology stocks continued their strong performance from yesterday, with Alibaba surging nearly 5%, Tencent and JD.com both rising over 2%; AI application-related stocks remained strong, with Zhimap, Kingsoft Cloud, and Fourth Paradigm leading the gains. Additionally, paper industry stocks declined, with Tingyi Holding falling more than 4%. Three new stocks were listed today, with Gigadevice Semiconductor soaring 45%, BBSB INTL skyrocketing 400%.
IPO First Day | Hongxing Cold Chain, a 'frozen food warehousing service provider,' opened nearly 60% higher on its first day, yielding a profit of HKD 3,660 per lot.
Hongxing Cold Chain is a provider of frozen food warehousing services and frozen food store leasing services, headquartered in Changsha, Hunan Province, primarily offering frozen food warehousing services.
New Share Pricing | Red Star Cold Chain, a 'frozen food warehousing service provider,' listed today with over 2,300 times subscription, priced at HKD 12.26 per share, and gained over HKD 2,900 per lot in the gray market.
Hongxing Cold Chain is a provider of frozen food warehousing services and frozen food store leasing services, headquartered in Changsha, Hunan Province, primarily offering frozen food warehousing services.
HKEX IPO Updates: GigaDevice Innovations, BBSB INTL, and Red Star Cold Chain begin trading today.
Gelonghui, January 13 | Today, GigaDevice (3986.HK), BBSB INTL (8610.HK), and Red Star Cold Chain (1641.HK) are listed, with no new stock offerings available for subscription.
Zhitong HK Stock Investment Diary | January 13
Hong Kong Stock Investment Diary | January 13, 2026
Hong Kong Stock Announcements | Wuxi Apptec forecasts net profit attributable to shareholders of approximately 19.151 billion yuan in 2025, representing a year-on-year increase of approximately 102.65%.
Zhipu (02513) responded that its cooperation with the travel platform does not involve insider information and that the business progress falls within the scope of daily operations; Hongxing Cold Chain (01641): The Hong Kong public offering was subscribed 2,309.25 times, with an issue price of HKD 12.26 per share.
Hongxing Cold Chain (01641.HK) received 2,309.25 times subscription for its Hong Kong public offering and is set to be listed on January 13.
Gelonghui, January 12th丨Hongxing Cold Chain (01641.HK) announced that the company is conducting a global offering of 23,263,000 H shares at HKD 12.26 per share, with net proceeds amounting to HKD 252 million. The number of shares allocated for the Hong Kong public offering constitutes 10.00% of the total global offering, which was oversubscribed by 2,309.25 times; the international offering accounts for 90.00% of the global offering and was oversubscribed by 1.65 times. Assuming the global offering becomes unconditional by 8:00 AM (Hong Kong time) on Tuesday, January 13, 2026, or earlier, it is expected that the H shares will be listed on January 13, 2026.
Three new stocks debuted on the Hong Kong Stock Exchange on Tuesday: GigaDevice Innovations' grey market closed 38% higher, while Red Star Cold Chain surged 47%.
Gelonghui, January 12 | Three new stocks will be listed on the Hong Kong stock market on January 13 (Tuesday). Among them, Gigadevice Semiconductor (3986.HK), a memory chip manufacturer, closed at HK$224.8 in the grey market, up 38.77% (the A-share price closed at RMB261.83 today). Gigadevice issued 28.9158 million shares, with approximately 10% allocated to the Hong Kong public offering and the remainder for international placement. The IPO was priced at HK$162 per share, raising up to HK$4.684 billion. Red Star Cold Chain (1641.HK), a frozen food warehousing service provider, closed at HK$18.07 in the grey market, up 47.39%. Red Star Cold Chain offered 23.26 million shares globally.