New Stock News | Capital (601136.SH) Hong Kong IPO prospectus invalid

Capital Limited (referred to as Capital, 601136.SH) submitted its Hong Kong IPO prospectus on October 16, 2025, which expired after 6 months on April 16, 2026, with CITIC SEC, China Galaxy International, China Securities Co., Ltd. International, and ABC International as joint sponsors. According to the prospectus, Capital is a leading financial services provider with outstanding value creation and asset management capabilities, pursuing characteristic and differentiated development. Based in Beijing and serving nationwide, the company has built a one-stop financial service platform and boasts a diverse and stable customer base. According to data from Frost & Sullivan, under Chinese accounting standards, the company ranked fifth and tenth in terms of revenue and net profit compound annual growth rates, respectively, among 42 A-share listed securities companies in China from 2022 to 2024. In 2024, under Chinese accounting standards, the company ranked first in average total asset return rate and seventh in non-deductible weighted average net asset return rate among the aforementioned A-share listed securities companies.