Innorna Co., a Chinese developer of messenger RNA drugs backed by buyout firm CDH Investments, is planning an initial public offering in Hong Kong, according to people familiar with the matter.

Sany Heavy Industry is seeking to raise as much as HK$12.36 billion ($1.59 billion) through its Hong Kong listing, a filing showed on Monday, as the machinery maker taps into renewed investor appetite for Chinese listings in the city.

Hong Kong has approved its first Solana spot ETF, making SOL the third crypto after Bitcoin and Ethereum to gain approval.

SHANGHAI: Hong Kong and China stocks rebounded sharply on Monday after a heavy selloff last week, as signs of easing Sino-U.S. trade tensions strengthened bets U.S. President Donald Trump will once again back down from his tariff threats.

The Hong Kong Securities and Futures Commission has approved the ChinaAMC Solana ETF, making it the city’s third crypto spot ETF after Bitcoin and Ethereum.

Hong Kong’s SFC approved the first Solana ETF by ChinaAMC, marking Asia’s third regulated crypto ETF after Bitcoin and Ethereum.

SHANGHAI: Stocks in mainland China and Hong Kong slipped on Wednesday, dragged by gold shares, while sentiment was dampened by lingering trade tensions between the world’s two largest economies. At the midday break, the Shanghai Composite index was down 0.44% at 3,899.05 points, while the blue-chip CSI300 index lost 0.7%.

Shanghai-based JST, which provides software as a service for e-commerce firms, issued over 68 million shares in the Hong Kong offering, raising HK$2.09 billion, or about US$269 million. It estimated its market capitalization at US$1.67 billion following the offering.