Most Kwai Chung Limited () is a magazine and online media company based in
Hong Kong
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...
. The company is well-known for owning and running popular satirical magazine
100Most and online media platform
TVMost.
Background
The company and the "Most" brand is founded by
Roy Tsui, when he launched 100Most in 2013. The Chinese name of the brand, “Most” and “Mou Gei” () is a parody of Hong Kong television station
TVB
Television Broadcasts Limited (TVB; zh, t=電視廣播有限公司) is a television broadcasting company based in Hong Kong. The company operates five free-to-air terrestrial television channels in Hong Kong, with TVB Jade as its main Canton ...
and its
Cantonese
Cantonese is the traditional prestige variety of Yue Chinese, a Sinitic language belonging to the Sino-Tibetan language family. It originated in the city of Guangzhou (formerly known as Canton) and its surrounding Pearl River Delta. While th ...
name “Mou Sin” ().
The naming of the company trading name with the term "Kwai Chung", which is a district in Hong Kong, is because their headquarters is located in the
Kwai Chung district, and that no other listed companies has added a
New Territories
The New Territories (N.T., Traditional Chinese characters, Chinese: ) is one of the three areas of Hong Kong, alongside Hong Kong Island and Kowloon. It makes up 86.2% of Hong Kong's territory, and contains around half of the population of H ...
area name into their trading name.
History
In 2013, 100Most was launched as a satirical weekly
magazine
A magazine is a periodical literature, periodical publication, print or digital, produced on a regular schedule, that contains any of a variety of subject-oriented textual and visual content (media), content forms. Magazines are generally fin ...
in Hong Kong.
In 2015, the company launched its new video platform TVMost, which upload numbers of sarcastic videos to Hong Kong citizens, sometimes even imitating TVB’s shows.
On 26 July 2017, Most Kwai Chung submitted their application for listing in the
Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...
, but was rejected in January 2018. On 29 January 2018, the company resubmitted their application and it was successfully listed.
In March 2018, the company announced its
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
(IPO) plans. It also becomes a listed trading company in Hong Kong with the ticker . The first day of its IPO records retail offer oversubscribed 6,288 times, breaking Hong Kong's IPO record which was formerly held by the 2014 offering of Magnum Entertainment (now AUX International Holdings, ) with the record of being oversubscribed 3,558 times.
Products and subsidiaries
Most Kwai Chung is currently the parent company of the following brands and companies:
*
Blackpaper
*
100Most
*
TVMost
* Whitepaper Publishing
* French Rotational Production Limited
* Number Eighteen Limited (formerly known as Most Records Limited)
* General manager Management Limited
References
{{Reflist, 3
External links
Official website
Mass media companies established in 2017
2017 establishments in Hong Kong
Companies listed on the Hong Kong Stock Exchange
Mass media companies of Hong Kong