Back to News
Dec 22, 2025 8:00 AM

Nanhua Futures Completes Hong Kong IPO, Raising HKD1.29 billion in A-to-H Dual Listing

Nanhua Futures, a Hengdian Group subsidiary and China's first publicly listed futures firm, completed its Hong Kong IPO today, raising HKD1.29 billion and designating proceeds for overseas operations and international growth.

Hengdian Group Chairman, President Xu Yong'an (L) and Nanhua Futures Chairman Luo Xufeng (R) at HKEX

HONG KONG, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Nanhua Futures (603093.SH, 02691.HK), a financial futures firm and subsidiary of Hengdian Group, has completed its IPO on the Hong Kong Stock Exchange on December 22, after first listing in Shanghai in 2019.

This A-to-H dual listing forms a critical step in Nanhua Futures' international strategy, with proceeds from the Hong Kong debut planned for use in Hong Kong, U.K., and U.S. operations in futures trading and asset management.

On the first day of trading, Nanhua issued 107.65 million shares in the IPO, raising HKD1.29 billion, equivalent to USD165.8 million. Nanhua Futures' Hong Kong debut comes at a ...