Zhejiang Sanhua Stumbles in Hong Kong Debut - WSJ
1. Zhejiang Sanhua had a weak debut, shares fell 8.1%. 2. Raised US$1.17 billion, one of Hong Kong's largest listings this year. 3. Hong Kong sees a revival in market activity amid geopolitical tensions. 4. Over 30 companies have listed in Hong Kong in 2025. 5. Funds from new listings quadrupled year-over-year to HK$18.7 billion.