DapuStor (301666.SZ), a manufacturer of computer storage products for data centers, is collaborating with CITIC Securities, Haitong, and UBS to advance its secondary listing in Hong Kong. The listing could take place as early as next year, with plans to raise billions of dollars, with the specific amount depending on its market capitalization at the time of listing. DapuStor went public on Shenzhen's ChiNext board in April this year, and its stock price has surged more than sevenfold since the listing. Its current market capitalization stands at approximately RMB 167 billion, having fallen by more than half from its peak.
