Biren Tech (06082) Public Offering Oversubscribed 2,347.53 Times, Raises Approximately HK$5.3745 Billion Net Globally

Stock News12-31 22:56

Biren Tech (06082) announced its allotment results, revealing that the company's global offering consists of approximately 285 million H shares. The public offering portion accounted for 17.39% of the total, while the international offering portion made up 82.61%. The final offer price was set at HK$19.6 per share, with the global offering raising a net amount of approximately HK$5.3745 billion. Each board lot comprises 200 shares, and the H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. (Hong Kong Time) on Friday, January 2, 2026. Notably, the public offering was oversubscribed by approximately 2,347.53 times, and the international offering was oversubscribed by about 25.95 times.

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