Investcorp participated in the initial public offering (IPO) of Chinese company Chuanxin Industries Holdings Limited on the Hong Kong Stock Exchange through the Golden Horizon Platform Cooperation Fund, amounting to $813 million. This investment decision reflects the growing interest of international investors in Asian markets, particularly in the high-tech manufacturing sector. Chuanxin Industries is known for its innovations in industrial technologies and is one of the key players in the Chinese market. Experts note that this deal could be a landmark event for strengthening economic ties between the Gulf countries and China.
