New stock news | Fuyou Payment's Hong Kong IPO prospectus becomes invalid
Shanghai Fuyou Payment Services Co., Ltd. (referred to as Fuyou Payment) submitted its Hong Kong IPO prospectus on January 18, 2026, which expired after 6 months on July 18, 2026. CITIC Securities and Shenwan Hongyuan Hong Kong acted as its joint sponsors.
Shanghai Foyo Payment Services Co., Ltd. (referred to as Foyo Payment) submitted its Hong Kong IPO prospectus on January 18, 2026, which expired after 6 months on July 18, 2026. CITIC SEC and Shenwan Hongyuan Group Hong Kong are its joint sponsors.
The prospectus shows that Foyo Payment is a versatile digital payment technology platform in various fields in China, empowering customers of different scales and industries in diverse commercial scenarios, providing multi-channel payment services, management, and other value-added services.
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SINOPEC CORP (00386) spent 5.184 million yuan on July 24 to repurchase 1 million A shares.

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