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BridgeHR rides gig economy to Hong Kong IPO

China’s largest supplier of temporary employees is hoping to tempt investors with ‘its gig economy’ story, even as it relies heavily on one major customer

This article only represents the author's own views.

As a young man, Hou Zhengyu, who harkens from a small town in Hongze county of Jiangsu province, was focused on owning an 80-square-meter apartment in Shanghai and marrying a Shanghainese woman. A fresh break-up in the early 2000s had sent him from his hometown to China’s commercial capital where he found work as a safety inspector at a local shipyard.

When the labor department from his hometown asked him to help place workers with foreign companies in Shanghai, he seized on the opportunity, using an aging bicycle and pager as his main work tools. In 2004 he acquired his first company, Shanghai Zhengdong Human Resources Co., from the Shanghai Pudong Labor Department. That would become the nucleus of his current company, BridgeHR Tech Group Inc., which two decades later has filed for an IPO on the Hong Kong Stock Exchange.

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咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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