Aug 08, 2022 05:22 PM (GMT+8) · EqualOcean
Lehua Entertainment (Chinese: 乐华娱乐) passed the listing hearing of the Hong Kong Stock Exchange, sources said. It is its fourth time in eight years to hit the capital market, and Lehua is expected to become the first stock of the talent agent. Lehua Entertainment was listed on the New Third Board in 2015, then delisted in 2018. Lehua also tried a backdoor listing at a valuation of CNY 1898 billion in 2016, but it was terminated because of the incompletion of profit requirement. Then in June 2021, Lehua Entertainment failed to be listed on the A-share.