Longcheer Technology (09611): Hong Kong Public Offering Oversubscribed 1,149.76 Times, Net Proceeds from Global Offering Approximately HK$1.52 Billion

Stock News01-21 22:38

Longcheer Technology (09611) has announced its allotment results. The company's global offering consists of 52.2591 million H shares, with the Hong Kong public offering accounting for 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$31.00 per share. Net proceeds from the global offering are expected to be approximately HK$1.52 billion. Each board lot comprises 100 shares. The H shares are scheduled to commence trading on the Stock Exchange at 9:00 a.m. on January 22, 2026. The Hong Kong public offering was oversubscribed by approximately 1,149.76 times, while the international offering was oversubscribed by about 9.02 times.

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