This article only represents the author's own views.
Hong Kong’s IPO market has come to life with a vengeance lately, with companies lining up to list after a prolonged winter. While big names like CATL (300750.SZ) are serving up some of the biggest listings, likely to raise $1 billion or more, plenty of niche players in high-growth areas are piling in as well, many with interesting stories to tell. One such company muscling its way into the queue is Fujian Lemo IoT Technology Co. Ltd., aiming to sell investors on its signature high-tech massage chairs that are finding their way into shopping malls and other entertainment venues around China.
Lemo was founded in May 2014, and purchased two years later by Xie Zhonghui, who has used the company to develop the intelligent massage business. He launched its Lemobar brand shortly afterwards to officially kick off his vision of building an intelligent massages service business.