Zhejiang China Commodities City Group seeks Hong Kong IPO for global expansion

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The operator of China's Yiwu market, Zhejiang China Commodities City Group, plans a Hong Kong IPO to fund overseas expansion. The company reported a 36.8% profit increase to 4.2 billion yuan in 2025. The listing aims to attract global talent and strengthen its core business. Yiwu's market was once a major hub for global consumer goods trade. The IPO is subject to shareholder and regulatory approval.


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Zhejiang China Commodities City Group seeks Hong Kong IPO for global expansion | News Minimalist