SDMC's Hong Kong IPO Oversubscribed 1,971 Times, Set to List on May 27

Stock News05-26

SDMC (00901) has announced the allotment results for its global offering. The company issued 19.2073 million H shares globally, with 10% allocated to the Hong Kong public offering and 90% to the international offering. The issue price was set at HK$32.8 per share, raising net proceeds of approximately HK$570 million from the global offering. Each board lot consists of 100 shares. The H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. (Hong Kong time) on Wednesday, May 27, 2026. The Hong Kong public offering was oversubscribed by approximately 1,971.99 times, while the international offering was oversubscribed by about 2.23 times.

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The company issued 19.2073 million H shares globally, with 10% allocated to the Hong Kong public offering and 90% to the international offering. The issue price was set at HK$32.8 per share, raising net proceeds of approximately HK$570 million from the global offering. Each board lot consists of 100 shares. The H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. (Hong Kong time) on Wednesday, May 27, 2026. 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