BLOKS (00325) listed on the Hong Kong Stock Exchange today, Huatai acted as the sponsor.
The prospectus shows that Brucoco (00325) has been dedicated to the design, development, and sales of building block toys since 2016.
Today, BLOKS Group Limited (stock code: 00325, stock abbreviation: BLOKS) was listed on the main board of the Hong Kong Stock Exchange, with the public offering receiving over 6000 times oversubscription, raising a total of HK$1.674 billion. Huatai International and Goldman Sachs served as joint sponsors.
The prospectus shows that since 2016, BLOKS has been dedicated to the design, development, and sales of building block toys. In the global building block toy market, based on the projected Gross Merchandise Volume (GMV) in 2023, BLOKS is the third largest in the world and the largest in China, with a market share of 30.3%.
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