VGT's Hong Kong Public Offering Oversubscribed 431 Times, Sets Final Price at HK$209.88 Per Share

Stock News04-20 22:26

Victory Giant Technology (VGT) (02476) has announced its allocation results. The company globally offered 95.85 million H shares, with the Hong Kong public offering accounting for 8.19% of the total, excluding shares reserved for overseas employees. The international offering accounted for 83.48%, excluding shares reserved for overseas employees under the preferential offering for Chinese employees. The final offer price has been set at HK$209.88 per share. The net proceeds from the global offering are approximately HK$19.8894 billion. Each board lot consists of 100 shares. The H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Tuesday, April 21, 2026. The Hong Kong public offering was oversubscribed by approximately 431.15 times, while the international offering was oversubscribed by approximately 18.5 times.

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