Galaxis Technology Raises HK$555.7 Million From Hong Kong IPO Ahead of Debut

MT Newswires Live03-24

Zhejiang Galaxis Technology (HKG:2729) raised HK$555.7 million in net proceeds from its initial public offering in Hong Kong.

The final offer price was set at HK$16.66 per H-share, according to a Monday after-market filing with the Hong Kong Stock Exchange.

The China-based intelligent intralogistics robotics provider offered 36.8 million H-shares in the global offering.

The Hong Kong public offer was 2,153.26 times subscribed, with a final allocation of 3.7 million shares, representing 10% of the total offering.

The international offering was 3.37 times subscribed, with a final allocation of 33.1 million shares, or 90% of the total offering.

Galaxis Technology is scheduled to debut on the Hong Kong bourse on Tuesday, March 24.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2621087202?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-24 05:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621087202","market":"hk","top_or_hot":-1,"title":"Galaxis Technology Raises HK$555.7 Million From Hong Kong IPO Ahead of Debut","media":"MT Newswires Live","content":"<html><body><p> Zhejiang Galaxis Technology (HKG:2729) raised HK$555.7 million in net proceeds from its initial public offering in Hong Kong.</p><p>The final offer price was set at HK$16.66 per H-share, according to a Monday after-market filing with the Hong Kong Stock Exchange.</p><p>The China-based intelligent intralogistics robotics provider offered 36.8 million H-shares in the global offering.</p><p>The Hong Kong public offer was 2,153.26 times subscribed, with a final allocation of 3.7 million shares, representing 10% of the total offering.</p><p>The international offering was 3.37 times subscribed, with a final allocation of 33.1 million shares, or 90% of the total offering.</p><p>Galaxis Technology is scheduled to debut on the Hong Kong bourse on Tuesday, March 24.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Galaxis Technology Raises HK$555.7 Million From Hong Kong IPO Ahead of Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGalaxis Technology Raises HK$555.7 Million From Hong Kong IPO Ahead of Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-24 05:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Zhejiang Galaxis Technology (HKG:2729) raised HK$555.7 million in net proceeds from its initial public offering in Hong Kong.</p><p>The final offer price was set at HK$16.66 per H-share, according to a Monday after-market filing with the Hong Kong Stock Exchange.</p><p>The China-based intelligent intralogistics robotics provider offered 36.8 million H-shares in the global offering.</p><p>The Hong Kong public offer was 2,153.26 times subscribed, with a final allocation of 3.7 million shares, representing 10% of the total offering.</p><p>The international offering was 3.37 times subscribed, with a final allocation of 33.1 million shares, or 90% of the total offering.</p><p>Galaxis Technology is scheduled to debut on the Hong Kong bourse on Tuesday, March 24.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02729","symbol_name":"凯乐士科技","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2621087202","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621087202","pubTimestamp":1774302228,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Zhejiang Galaxis Technology  raised HK$555.7 million in net proceeds from its initial public offering in Hong Kong.The final offer price was set at HK$16.66 per H-share, according to a Monday after-market filing with the Hong Kong Stock Exchange.The China-based intelligent intralogistics robotics provider offered 36.8 million H-shares in the global offering.The Hong Kong public offer was 2,153.26 times subscribed, with a final allocation of 3.7 million shares, representing 10% of the total offering.The international offering was 3.37 times subscribed, with a final allocation of 33.1 million shares, or 90% of the total offering.Galaxis Technology is scheduled to debut on the Hong Kong bourse on Tuesday, March 24.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02729":"凯乐士科技"},"translate_title":"Galaxis Technology在香港IPO上市前融资5.557亿港元","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02729":1},"content_text":"Zhejiang Galaxis Technology (HKG:2729) raised HK$555.7 million in net proceeds from its initial public offering in Hong Kong.The final offer price was set at HK$16.66 per H-share, according to a Monday after-market filing with the Hong Kong Stock Exchange.The China-based intelligent intralogistics robotics provider offered 36.8 million H-shares in the global offering.The Hong Kong public offer was 2,153.26 times subscribed, with a final allocation of 3.7 million shares, representing 10% of the total offering.The international offering was 3.37 times subscribed, with a final allocation of 33.1 million shares, or 90% of the total offering.Galaxis Technology is scheduled to debut on the Hong Kong bourse on Tuesday, March 24.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621087202","isCrawlerRequest":true}