Yidu Tech, Strawbear set to be 2021's first HK listings

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By Jonathan Breen
04 Jan 2021

A trio of Chinese companies, including healthcare technology provider Yidu Tech and television series producer Strawbear Entertainment Group, kicked off their IPOs in Hong Kong at the end of December as they prepare to be the first new firms to start trading on the bourse in 2021.

Yidu, which uses big data and artificial intelligence to create healthcare solutions, is aiming to raise up to HK$4.1bn ($530.7m). The firm is working with CICC and Goldman Sachs as the sponsors for its IPO. It has also lined up Citi as a joint global co-ordinator and bookrunner ...

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