{"id":69870,"date":"2025-06-17T17:32:08","date_gmt":"2025-06-17T09:32:08","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=69870"},"modified":"2025-06-18T12:49:22","modified_gmt":"2025-06-18T04:49:22","slug":"hong-kong-ipo-caocao-inc-2643-hk","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/hong-kong-ipo-caocao-inc-2643-hk\/","title":{"rendered":"HONG KONG IPO: CaoCao Inc. (2643 HK)"},"content":{"rendered":"\n
<\/div><\/div>\n\n\n\n

IPO Watch<\/h2>\n\n\n\n

CaoCao Inc. (2643 HK) <\/strong>\n<\/p>\n\n\n\n

Basic Information<\/strong>\n<\/p><\/td><\/tr>

\n Market \n<\/p><\/td>

\n HK main board\n<\/p><\/td><\/tr>

\n Industry\n<\/p><\/td>

\n Transportation \n<\/p><\/td><\/tr>

\n Board Lots\n<\/p><\/td>

\n 100\n<\/p><\/td><\/tr>

\n Listing Type\n<\/p><\/td>

\n Primary listing \n<\/p><\/td><\/tr>

Global Offering<\/strong>\n<\/p><\/td><\/tr>

\n Offer Price Range\n<\/p><\/td>

\n HK$41.94 \n<\/p><\/td><\/tr>

\n Initial Market Cap Range\n<\/p><\/td>

\n HK$22,822.9mn\n<\/p><\/td><\/tr>

\n Total Number of Offer Shares\n<\/p><\/td>

\n 44,178,600\n<\/p><\/td><\/tr>

\n Number of International Offer Shares\n<\/p><\/td>

\n 39,760,700\n<\/p><\/td><\/tr>

\n Number of HK Offer Share\n<\/p><\/td>

\n 4,417,900\n<\/p><\/td><\/tr>

\n Sponsors\n<\/p><\/td>


Huatai Financial Holdings (Hong Kong) Limited, ABCI Capital Limited, GF Capital (Hong Kong) Limited
<\/p><\/td><\/tr>

Company Background<\/strong>\n<\/p><\/td><\/tr>


The company is a ride hailing platform in China originally incubated by Geely Group. It operated in 136 cities as of December 31, 2024, and its gross transaction value (GTV) was RMB12.2 billion in 2023, representing an increase of 37.5% from 2022, and reached RMB17.0 billion in 2024, representing an increase of 38.8% from 2023 and 5.4% market share according to Frost & Sullivan.
<\/p><\/td><\/tr>

Financials<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

\n \n<\/p><\/td><\/tr>

Subscription Table<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

\n \n<\/p><\/td><\/tr>

Time Table<\/strong>\n<\/p><\/td><\/tr>

\n IPO deadline: 20-Jun-2025\n<\/p>

\n Results allotment date: 24-Jun-2025\n<\/p>

\n Check refund date:\u00a024-Jun-2025\n<\/p>

\n Listing date: 25-Jun-2025\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

\u65b0\u80a1\u4e0a\u5e02<\/strong><\/h2>\n\n\n\n

\u66f9\u64cd\u51fa\u884c (2643)<\/strong>\n<\/p>\n\n\n\n

\u57fa\u672c\u4fe1\u606f<\/strong>\n<\/p><\/td><\/tr>

\n \u5e02\u573a\n<\/p><\/td>

\n \u9999\u6e2f\u4e3b\u677f\n<\/p><\/td><\/tr>

\n \u884c\u4e1a\n<\/p><\/td>

\n \u4ea4\u901a\u8fd0\u8f93\n<\/p><\/td><\/tr>

\n \u6bcf\u624b\u80a1\u6570\n<\/p><\/td>

\n 100\u80a1\n<\/p><\/td><\/tr>

\n \u4e0a\u5e02\u7c7b\u578b\n<\/p><\/td>

\n \u4e3b\u4e0a\u5e02\n<\/p><\/td><\/tr>

\u5168\u7403\u53d1\u884c<\/strong>\n<\/p><\/td><\/tr>

\n \u62db\u80a1\u4ef7\u8303\u56f4\n<\/p><\/td>

\n HK$41.94 \n<\/p><\/td><\/tr>

\n \u521d\u59cb\u5e02\u503c\u8303\u56f4\n<\/p><\/td>

\n HK$22,822.9mn\n<\/p><\/td><\/tr>

\n \u603b\u53d1\u884c\u80a1\u6570\n<\/p><\/td>

\n 44,178,600\n<\/p><\/td><\/tr>

\n \u56fd\u9645\u53d1\u884c\u80a1\u6570\n<\/p><\/td>

\n 39,760,700\n<\/p><\/td><\/tr>

\n \u9999\u6e2f\u53d1\u884c\u80a1\u6570\n<\/p><\/td>

\n 4,417,900\n<\/p><\/td><\/tr>

\n \u4fdd\u8350\u4eba\n<\/p><\/td>

\n \u534e\u6cf0\u56fd\u9645\u3001\u519c\u94f6\u56fd\u9645\u3001\u5e7f\u53d1\u8bc1\u5238\n<\/p><\/td><\/tr>

\u516c\u53f8\u80cc\u666f<\/strong>\n<\/p><\/td><\/tr>


\u8be5\u516c\u53f8\u662f\u4e00\u5bb6\u7531\u5409\u5229\u96c6\u56e2\u5b75\u5316\u7684\u4e2d\u56fd\u7f51\u7ea6\u8f66\u5e73\u53f0\u3002\u622a\u81f32024\u5e7412\u670831\u65e5\uff0c\u8be5\u516c\u53f8\u5df2\u5728136\u4e2a\u57ce\u5e02\u5f00\u5c55\u8fd0\u8425\u30022023\u5e74\uff0c\u516c\u53f8\u7684\u603b\u4ea4\u6613\u4ef7\u503c\uff08GTV\uff09\u4e3a\u4eba\u6c11\u5e01122\u4ebf\u5143\uff0c\u8f832022\u5e74\u589e\u957f37.5%\uff1b2024\u5e74\u8fbe\u4eba\u6c11\u5e01170\u4ebf\u5143\uff0c\u8f832023\u5e74\u589e\u957f38.8%\u3002\u6839\u636e\u5f17\u82e5\u65af\u7279\u6c99\u5229\u6587\u7684\u6570\u636e\uff0c\u6211\u4eec\u7684\u5e02\u573a\u5360\u6709\u7387\u4e3a5.4%\u3002
<\/p><\/td><\/tr>

\u8d22\u52a1\u72b6\u51b5<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

\n \n<\/p><\/td><\/tr>

\u7533\u8d2d\u8868<\/strong>\n<\/p><\/td><\/tr>

\"A<\/figure>

\n \n<\/p><\/td><\/tr>

\u65f6\u95f4\u8868<\/strong>\n<\/p><\/td><\/tr>

\n \u7533\u8d2d\u622a\u6b62\u65e5: 2025\u5e746\u670820\u65e5\n<\/p>

\n \u53d1\u884c\u5206\u914d\u65e5: 2025\u5e746\u670824\u65e5\n<\/p>

\n \u652f\u7968\u9000\u6b3e\u65e5:\u00a02025\u5e746\u670824\u65e5\n<\/p>

\n \u4e0a\u5e02\u65e5\u671f: 2025\u5e746\u670825\u65e5\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/p>\n\n\n\n

<\/div><\/div>\n\n\n\n
<\/div><\/div>\n\n\n\n
<\/div><\/div>\n\n\n\n
\n
Contact us to find out more<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n\n\n\n
<\/div><\/div>\n\n\n\n
<\/div><\/div>\n\n\n\n

<\/a><\/h3>\n\n\n\n
<\/div><\/div>\n\n\n\n
\"\"<\/a><\/figure><\/div>\n\n\n\n
\"\"<\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"

IPO Watch CaoCao Inc. (2643 HK) Basic Information Market HK main board Industry Transportation Board Lots 100 Listing Type Primary listing Global Offering Offer Price Range HK$41.94 Initial Market Cap Range HK$22,822.9mn Total Number of Offer Shares 44,178,600 Number of International Offer Shares 39,760,700 Number of HK Offer Share 4,417,900 Sponsors Huatai Financial Holdings (Hong […]<\/p>\n","protected":false},"author":16,"featured_media":69875,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-69870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-reports"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/IPO-Logo.png?wsr",6000,4200,false],"thumbnail":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/IPO-Logo-150x150.png?wsr",150,150,true],"medium":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/IPO-Logo-300x210.png?wsr",300,210,true],"medium_large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/IPO-Logo-768x538.png?wsr",768,538,true],"large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/IPO-Logo-1024x717.png?wsr",800,560,true],"1536x1536":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/IPO-Logo-1536x1075.png?wsr",1536,1075,true],"2048x2048":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/IPO-Logo-2048x1434.png?wsr",2048,1434,true]},"uagb_author_info":{"display_name":"Jiong Han Lee","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/"},"uagb_comment_info":0,"uagb_excerpt":"IPO Watch CaoCao Inc. (2643 HK) Basic Information Market HK main board Industry Transportation Board Lots 100 Listing Type Primary listing Global Offering Offer Price Range HK$41.94 Initial Market Cap Range HK$22,822.9mn Total Number of Offer Shares 44,178,600 Number of International Offer Shares 39,760,700 Number of HK Offer Share 4,417,900 Sponsors Huatai Financial Holdings (Hong…","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/69870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=69870"}],"version-history":[{"count":3,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/69870\/revisions"}],"predecessor-version":[{"id":70009,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/69870\/revisions\/70009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media\/69875"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=69870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=69870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=69870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}