Butong Group (06090) Prices IPO at Upper Limit, Hong Kong Public Offering 3,317.47 Times Oversubscribed

Stock News09-22

Butong Group (06090) announced its share allocation results for its global offering of 10.98 million shares, with the Hong Kong public offering accounting for 10% and the international offering representing 90% of the total.

The shares were priced at HK$71.2 per share, raising net proceeds of approximately HK$718 million from the global offering. Each board lot consists of 100 shares, and the shares are expected to commence trading on the Stock Exchange at 9:00 a.m. (Hong Kong time) on Tuesday, September 23, 2025.

The Hong Kong public offering received overwhelming investor interest, achieving 3,317.47 times oversubscription, while the international offering was 7.37 times oversubscribed.

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