On the evening of September 7, Shenzhen Longsys Electronics Co., Ltd. (09976) announced the allotment results for its Hong Kong initial public offering via a filing with the Stock Exchange of Hong Kong. The Hong Kong public offering attracted an oversubscription of 40.32 times, while the international placement achieved an oversubscription of 3.88 times.
The final offer price has been set at HK$236.00 per share, with net proceeds from the offering totaling HK$6.8032 billion. Trading of the H shares on the Stock Exchange of Hong Kong is scheduled to commence on September 8, 2026.
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