Qeeka, Inke and 51 Credit Card Complete IPOs on Hong Kong Stock Exchange (Asia)

Source(s): Asia Private Equity Review

Three private capital-backed companies have completed their initial public offerings (IPOs) on the Hong Kong Stock Exchange. Orchid Asia Group-sponsored Qeeka Home, a China-based online interior design and construction platform, and China-based video streaming platform Inke—which is backed by GSR Ventures, SAIF Partners and PurpleSky Capital—each raised HKD1.2 billion (approximately US$153 million). 51 Credit Card, a peer-to-peer (P2P) lender targeting credit card holders backed by HG Capital, Qianhai Ark Asset Management and Tiantu Capital, raised HKD1 billion (approximately US$127 million).