Lalamove's parent company LALATECH is applying for a Hong Kong listing for the fourth time. The joint sponsors are Goldman Sachs, BofA Securities and JP Morgan. Pre-IPO investors included Hillhouse, HongShan, Shunwei Capital, which is owned by the chairman of XIAOMI-W (01810.HK) -1.140 (-3.560%) Short selling $2.65B; Ratio 81.394% , and Crystal Stream.LALATECH will apply for listing in Hong Kong by way of "weighted voting rights (WVR)" structure. It returned to profit from loss YoY in 1H24, earning US$184 million and recording revenue growth of 18.2% to US$709 million.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)Related News M Stanley: S&P 500 Adjustment Nearing End; 'Magnificent Seven' in US Stocks Very Attractive in Valuation
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