New stock news | Fuiou Payment submits its fourth application to the Hong Kong Stock Exchange

According to the Hong Kong Stock Exchange disclosure on January 18th, Shanghai Fuiou Payment Services Co., Ltd. (referred to as Fuiou Payment) has submitted its listing application to the Hong Kong Stock Exchange. CITIC SEC and Shenwan Hongyuan Group Hong Kong are its joint sponsors. This is the company's fourth time submitting documents to the Hong Kong Stock Exchange. According to a Frost & Sullivan report, based on the TPV calculations for 2024, the company ranks eighth among comprehensive digital payment service providers in China with a market share of 0.8%. As an independent comprehensive digital payment service provider, the company ranks fourth in China based on TPV calculations in 2024, with a market share of 4.5%. According to the prospectus, the company is a versatile digital payment technology platform in China, empowering customers of different scales and industries in diverse business scenarios by providing multi-channel payment services, management, and other value-added services.