HKEX readies ‘game-changer’ IPO rules that promise to open funding taps for Hong Kong technology start-ups

// Chan’s company, SagaDigits, is best known to the public from the beginning of the Covid-19 pandemic in 2020, when its tracking technology helped the Hong Kong government develop electronic wristbands that were used to track the movements of infected people.

With the new reforms, SagaDigits is within striking distance. Chan is now aiming for IPO under Chapter 18C, based on revenue of HK$250 million in the last financial year and a valuation of HK$6 billion. //


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