Reported about 20 hours ago
Bloks Group Ltd., renowned for its Ultraman and Transformers figurines, successfully raised HK$1.67 billion ($215 million) in a highly anticipated IPO in Hong Kong. The shares were sold at the top end of the expected range, reflecting strong demand, particularly from individual investors. The oversubscription prompted the company to trigger a clawback mechanism to increase shares for retail investors, as interest surged amidst a booming toy market in China.
Source: YAHOO