February 5, 2013, Time Watch Investments Limited launched its initial public offering (IPO) for a Hong Kong Stock Exchange main board listing under the stock code of 02033. The company offered 600 million shares oversubscribed more than 650 times and became "freezing assets king" of the year by freezing about HKD 52.7 billion, exceeding PICC (01339.HK) and CMEC(01829.HK).

Time Watch Investments Limited is watch manufacturer, designer and retailer, possessing two brands "Tian Wang" and "Balco", with sales network covering 30 provinces in China.

Jingtian & Gongcheng acted as the issuer's lawyer.