At a glance: March's popular IPOs: Sunmi Technology passed the hearing! Subscription is in full swing for four new stocks including Microdrive Electromechanics and Estun Automation
Hello fellow investors! Your IPO correspondent delivers the latest scoop on Hong Kong’s popular IPOs for March and 2026. Fellow investors, come check it out!
As of press time, $ZHAOWEI (02692.HK)$ 、 $ALSCO POOLING (02649.HK)$ 、 $ESTUN (02715.HK)$ 、 $MEIG (03268.HK)$ stocks are currently being offered. The subscription period for Microdrive Electromechanics, U-Box Sharing, and Estun Automation will end at 10:00 on March 4th, with grey market trading taking place from 16:15 to 18:30 on March 6th, and official listing occurring on March 9th. Meig Smart’s subscription period ends at 10:00 on March 5th, with grey market trading happening from 16:15 to 18:30 on March 9th, and its official listing on March 10th.
![Hello fellow investors! Your IPO correspondent delivers the latest scoop on Hong Kong’s popular IPOs for March and 2026. Fellow investors, come check it out![Cheerlead][Cheerlead] As of press time, $ZHAOWEI (02692.HK)$ 、 $ALSCO POOLING (02649.HK)$ 、 $ESTUN (02715.HK)$ 、 $MEIG (03268.HK)$ stocks are currently being offered. The subscription period for Microdrive Electromechanics, U-Box Sharing, and Estun Automation will end at 10:00 on March 4th, with grey market trading taking place from 16:15 to 18:30 on March 6th, and official listing occurring on March 9th. Meig Smart’s subscription period ends at 10:00 on March 5th, with grey market trading happening from 16:15 to 18:30 on March 9th, and its official listing on March 10th. Microdrive Electromechanics: Microdrive Electromechanics is China's largest provider of integrated miniature transmission and drive system products, and the world’s fourth-largest provider (according to Frost & Sullivan), with market shares of 3.9% and 1.4%, respectively. According to Frost & Sullivan, the global integrated miniature transmission and drive systems market is highly fragmented. The company designs and manufactures miniature transmission and drive system products as well as their complementary components, selling primarily to clients based in China and secondarily to overseas customers. U-Box Sharing: U-Box Sharing is a circular packaging service provider in China, mainly focused on serving automotive industry players with auto parts...](https://nnqimage.futunn.com/sns_client_feed/12147652/20260228/web-1772244919416-tDpeTzRMk8.png/big?area=999&is_public=true&imageMogr2/ignore-error/1/format/webp)
Mega Motion: Mega Motion is the largest provider of integrated micro transmission and drive system products in China, and the fourth-largest globally (according to Frost & Sullivan), with market shares of 3.9% and 1.4%, respectively. According to Frost & Sullivan, the global integrated micro transmission and drive system market is highly fragmented. The company designs and manufactures micro transmission and drive system products as well as complementary components for these systems, and primarily sells these products and components to clients based in China, followed by overseas customers.
U-Box Sharing: U-Box Sharing is a provider of reusable packaging services in China, primarily focused on serving automotive parts manufacturers and OEMs within the automotive industry. The company mainly offers shared operations, a co-use model under which it manages reusable packaging such as pallets, crates, or containers for clients, handling storage, distribution, returns (mainly through subcontracted third-party logistics service providers), cleaning, and maintenance on behalf of its clients.
Estun Automation: Estun Automation is a leading industrial robotics company in China. According to Frost & Sullivan, the company has consistently ranked first among domestic enterprises in terms of industrial robot shipments in China's industrial robot solutions market for several years. Based on the same source, the company achieved a historic breakthrough in the first half of 2025, surpassing foreign brands in industrial robot shipments in the domestic market, becoming the first locally produced robotics enterprise to top China’s industrial robot solutions market.
MeiG Smart Technology: MeiG Smart Technology is a global leader in wireless communication modules and solutions, with intelligent modules (especially high-computing-power intelligent modules) at its core. The company’s modules and solutions are widely used in IoT applications, smart connected vehicles, and wireless broadband fields. Centered around wireless communication module technology, the company can offer customized solutions tailored to specific application scenarios to meet diverse customer needs.
According to a disclosure by the Hong Kong Exchange on February 15, $SUNMI TECH-W (06810.HK)$ the company passed the main board listing hearing of the Hong Kong Exchange, with Deutsche Bank, CITIC Securities, and ABC International acting as joint sponsors. According to the prospectus, the company is a global leader in Business Internet of Things (BIoT) solutions. Its disruptive solutions integrate smart hardware, software, and data insights, enabling numerous offline commercial scenarios to achieve digital transformation and enhance the efficiency of core business operations such as payments, membership management, order fulfillment, inventory control, and employee management.
Which upcoming IPO are fellow investors most looking forward to? Are there other companies that you hope will successfully list on the Hong Kong Exchange? Come vote and interact in the comment section!>>
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![Hello fellow investors! Your IPO correspondent delivers the latest scoop on Hong Kong’s popular IPOs for March and 2026. Fellow investors, come check it out![Cheerlead][Cheerlead] As of press time, $ZHAOWEI (02692.HK)$ 、 $ALSCO POOLING (02649.HK)$ 、 $ESTUN (02715.HK)$ 、 $MEIG (03268.HK)$ stocks are currently being offered. The subscription period for Microdrive Electromechanics, U-Box Sharing, and Estun Automation will end at 10:00 on March 4th, with grey market trading taking place from 16:15 to 18:30 on March 6th, and official listing occurring on March 9th. Meig Smart’s subscription period ends at 10:00 on March 5th, with grey market trading happening from 16:15 to 18:30 on March 9th, and its official listing on March 10th. Microdrive Electromechanics: Microdrive Electromechanics is China's largest provider of integrated miniature transmission and drive system products, and the world’s fourth-largest provider (according to Frost & Sullivan), with market shares of 3.9% and 1.4%, respectively. According to Frost & Sullivan, the global integrated miniature transmission and drive systems market is highly fragmented. The company designs and manufactures miniature transmission and drive system products as well as their complementary components, selling primarily to clients based in China and secondarily to overseas customers. U-Box Sharing: U-Box Sharing is a circular packaging service provider in China, mainly focused on serving automotive industry players with auto parts...](https://nnqimage.futunn.com/sns_client_feed/12147652/20260228/web-1772244839734-FhU8EEllHu.png/big?area=999&is_public=true&imageMogr2/ignore-error/1/format/webp)
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