HUAQIN Technology's Hong Kong IPO Oversubscribed by Over 530 Times, Final Price Set at HK$77.7 Per Share

Stock News04-22

HUAQIN Technology (03296) has announced the allocation results of its global offering. The company issued a total of 58.5482 million H shares, with the Hong Kong public offering comprising 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$77.7 per share. The net proceeds from the global offering are approximately HK$4.463 billion. 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 April 23, 2026 (Hong Kong Time). The Hong Kong public offering was oversubscribed by approximately 531.33 times, while the international offering was oversubscribed by about 13.34 times.

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