HONG KONG/SINGAPORE (Feb 3): China's Eastroc Beverage, a maker of energy drinks, made a muted Hong Kong trading debut on Tuesday after raising about US$1.3 billion in a share sale. Its shares closed at HK$251.8, just 1.5% higher than their offer price of HK$248 each, giving Eastroc a market capitalisation of around HK$141.2 billion (US$18 billion). China's biggest pig breeder Muyuan Foods aims to raise US$1.4 billion in an offering and will debut on Friday. Kenny Ng, a securities strategist at China Everbright Securities International, said investor enthusiasm in Hong Kong listings leans toward new-economy, smart-manufacturing and technology firms due to their stronger growth prospects. "In contrast, stocks from traditional economic sectors, such as Eastroc, often exhibit more stable trends following their listing," he added.

Source: The Edge Markets February 03, 2026 10:51 UTC