Forms Syntron draws Hong Kong’s next-gen tycoons in HK$940 million IPO

Hong Kong’s younger generation of tycoons is becoming increasingly active in the city’s initial public offering market through family offices and private investments.

But their investments extend beyond the property and traditional financial sectors associated with their predecessors, into technology and digital finance.

Prominent business leaders Cheng Chi-heng of New World Development and Peter Lee Ka-kit of Henderson Land participated as cornerstone investors in Shenzhen Forms Syntron...