Deacons’ Corporate Finance Practice Group advises the sole sponsor Ping An of China Capital (Hong Kong) Company Limited and underwriters as to Hong Kong law in relation to the Main Board H-share IPO of Shenzhen Hipine Precision Technology Co., Ltd. (SEHK Stock Code: 2583), seeking to raise up to approximately HK$314 million.
The company is a designer, manufacturer and brand-owner of gold-case watches and gold-bezel watches in China. In 2024, its flagship proprietary brand, HIPINE, was the largest precious metal watch-24K gold brand in terms of gross merchandise value (GMV), and the largest partial precious metal watch-24K gold brand in terms of GMV in China, according to a market research report commissioned by the company.
The company published its IPO prospectus on 19 September 2025. Dealings in its H shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on 29 September 2025.
Our team is led by Ronny Chow and Maynard Leung, Partners of our Corporate Finance Practice Group.
