EcoCeres, which is incubated by HK & CHINA GAS (00003) and counts the company as a strategic shareholder, was previously reported at the end of last year to have abandoned plans for a UK listing in favor of Hong Kong. According to the latest information, EcoCeres has submitted a listing application to the Hong Kong Stock Exchange in a confidential manner. The fundraising size is estimated to be between US$800 million and US$1 billion (approximately HK$6.24 billion to HK$7.8 billion), with the listing potentially taking place within this year. It is reported that Deutsche Bank, HSBC, Morgan Stanley, and UBS are responsible for advancing EcoCeres' listing plan. Hong Kong Stock Exchange equity disclosures show that Full Vision Capital, founded by HENDERSON LAND (00012) Chairman Lee Ka Kit, held a 2.92% stake in EcoCeres as of February 2, comprising approximately 339,200 shares. EcoCeres specializes in using 100% waste feedstocks to produce sustainable fuels and green molecules, and promotes their innovation and commercialization. Its main products include Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO), which help reduce carbon emissions in industries such as aviation and road transport.