Jiangsu Xinde Semiconductor Technology Co., Ltd. has opened its Global Offering for 106.56 million H Shares, eyeing a maximum proceeds haul of HK$1.02 billion based on the top-end offer price of HK$9.60 per share.
The share sale is split into: • Hong Kong Public Offering: 10.66 million H Shares, representing 10% of the deal size and subject to possible claw-backs. • International Offering: 95.91 million H Shares, or 90% of the total. Up to 5.33 million shares may be reallocated to the Hong Kong tranche, capping the public pool at 15.98 million shares (15% of the total) if demand warrants.
Pricing is guided between HK$8.60 and HK$9.60 per H Share; applicants in the retail tranche must commit the full HK$9.60 per share up-front, equal to HK$4,848.41 per board lot of 500 shares inclusive of levies and fees. Should the final price be fixed at the bottom of the range, refunds will be issued for the difference.
Key dates: • Offer period: 30 October – 5 November 2026 • Price determination: on or before 6 November 2026 • Allocation results and final pricing announcement: no later than 9 November 2026 • Listing and first trading day on HKEX Main Board (stock code 7672): 10 November 2026
The listing will be fully paperless: subscriptions must be submitted via the White Form eIPO platform or through brokers and custodians using HKSCC’s FINI system. No printed prospectus or physical application channels are available.
Nominal value is set at RMB1.00 per H Share. The offering is conducted without the appointment of a stabilizing manager, and no post-listing stabilization activities are planned.
Subject to satisfaction of customary conditions, H Shares will be admitted to CCASS for clearing and settlement on the first trading day. Each board lot comprises 500 shares.
The deal is led by Huatai Financial Holdings (Hong Kong) Limited as Sole Sponsor, Overall Coordinator, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager, alongside a syndicate of additional coordinators, bookrunners and lead managers.
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