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Able Digital

Able Digital (Ticker: 2687 HK) is a Chinese company specializing in digital teaching and learning solutions for higher education institutions. The company provides digital educational content, including course digitization and knowledge graphs, alongside cloud-based learning management systems.

Able Digital plans to list on the Hong Kong Stock Exchange on December 8, 2025, planning to offer 6.67 million shares at a price range of HK$62.26 to HK$76.10. The offering aims to raise between HK$415 million and HK$507 million (approx. US$53 million to US$65 million). The implied market capitalization is reportedly between HK$4.15 billion and HK$5.07 billion (approx. US$533 million to US$651 million). According to the prospectus, Able Digital plans to use the IPO proceeds primarily for R&D and product capacity expansion, followed by brand promotion. The company is reportedly the second-largest player in China’s higher education digitalization market by revenue.

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