New stock news | Environmental protection biofuel company Yisile may consider listing in Hong Kong "abandoning England".
According to media reports, EcoCeres, a green unicorn and environmental biofuel company incubated by Hong Kong and China Gas (00003), is considering going public in Hong Kong instead of London, with the earliest possible listing in the second half of 2026.
According to media reports, EcoCeres, a green unicorn and environmental biofuel company incubated by HK & CHINA GAS (00003), is considering an IPO in Hong Kong instead of London, with the earliest possible listing in the second half of 2026. Sources familiar with the matter indicated that EcoCeres may seek a listing in Hong Kong and potentially pursue a second listing in the future.
EcoCeres was founded by HK & CHINA GAS and received investment from Bain Capital in 2023. The company converts biomass waste into sustainable aviation fuel, hydrogenated plant oil, renewable naphtha, and cellulose ethanol, among other products. It was reported in January of this year that EcoCeres was considering listing in Europe, with London being one of the potential listing locations. The company aims to raise $500 million to $1 billion in the fastest possible time next year, with a target valuation of around $5 billion.
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