Mainland technology plays are returning to the capital markets amid early signs of renewed investor interest in the sector.
Tencent Technology, the mainland's largest provider of internet instant messaging services (IMS), will attempt a US$200 million listing in Hong Kong, with a roadshow expected to start on Monday.
Meanwhile, telecommunications equipment manufacturer ZTE Corp has revived a plan to sell shares in Hong Kong after abandoning it last year.
The offerings come after investors last week bid up the share market. The Hang Seng Index rose 4.67 per cent on the week to end at 12,116.87 points while the H-share index snapped back 7.5 per cent to 4,290.26 points.
Investors in Tencent may be encouraged by the strong run of internet peer Shanda Interactive Entertainment. Earlier this month, the Shanghai-based online game operator was forced to reduce the size and price of its Nasdaq offer - despite a stellar earnings track record and its top market position.
The stock price, however, has gained 48.45 per cent since its debut. In addition, shares in online portal Tom Online have climbed 11.5 per cent over the past two weeks, while those of mobile-phone valued-added services provider Linktone have increased 12.97 per cent.