GPIXEL's Hong Kong Public Offering Oversubscribed by Over 1,138 Times, Net Proceeds Total HK$2.5 Billion

Stock News04-16

GPIXEL (03277) has announced the allocation results of its global offering. The company issued 65.2942 million H shares, with the Hong Kong public offering comprising 10% and the international offering making up 90%. The final offer price was set at HK$39.88 per share, resulting in net proceeds of approximately HK$2.5036 billion 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. on Friday, April 17, 2026 (Hong Kong Time). The Hong Kong public offering was oversubscribed by approximately 1,138.21 times, while the international offering was oversubscribed by approximately 22.69 times.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment