Shenzhen SDMC Technology Launches HK$630 Million Hong Kong IPO

MT Newswires Live05-18

Shenzhen SDMC Technology (HKG:0901) launched its Hong Kong initial public offering on Monday, seeking to raise about HK$630 million from the deal.

The Chinese smart home products provider is offering 19.2 million shares at HK$32.80 apiece, according to a Hong Kong bourse filing.

The offering comprises 1.9 million shares for Hong Kong investors and 17.3 million shares for international investors, subject to reallocation and the offer size adjustment option.

The Hong Kong public offering closes on May 21, with allocation results due by May 26, ahead of the company's planned trading debut on May 27.

Net proceeds will be used mainly to invest in AI home-related technologies, enhance the company's market position, and develop new products.

The funds will also be used for global expansion, investments in upstream and downstream market players, and for working capital and general corporate purposes.

China Securities (International) Corporate Finance is acting as sole sponsor, sole sponsor-overall coordinator, sole overall coordinator, and sole global coordinator.

China Securities (International) Corporate Finance, CMB International Capital, CCB International Capital, ABCI Capital, CNCB (Hong Kong) Capital, Get Nice Securities, Forthright Securities, and Roofer Securities are acting as joint bookrunners and joint lead managers.

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/2636483510?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-18 09:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636483510","market":"us","top_or_hot":-1,"title":"Shenzhen SDMC Technology Launches HK$630 Million Hong Kong IPO","media":"MT Newswires Live","content":"<html><body><p> Shenzhen SDMC Technology (HKG:0901) launched its Hong Kong initial public offering on Monday, seeking to raise about HK$630 million from the deal.</p><p>The Chinese smart home products provider is offering 19.2 million shares at HK$32.80 apiece, according to a Hong Kong bourse filing.</p><p>The offering comprises 1.9 million shares for Hong Kong investors and 17.3 million shares for international investors, subject to reallocation and the offer size adjustment option.</p><p>The Hong Kong public offering closes on May 21, with allocation results due by May 26, ahead of the company's planned trading debut on May 27.</p><p>Net proceeds will be used mainly to invest in AI home-related technologies, enhance the company's market position, and develop new products.</p><p>The funds will also be used for global expansion, investments in upstream and downstream market players, and for working capital and general corporate purposes.</p><p><a href=\"https://laohu8.com/S/601066\">China Securities</a> (International) Corporate Finance is acting as sole sponsor, sole sponsor-overall coordinator, sole overall coordinator, and sole global coordinator.</p><p>China Securities (International) Corporate Finance, CMB International Capital, CCB International Capital, ABCI Capital, CNCB (Hong Kong) Capital, <a href=\"https://laohu8.com/S/00064\">Get Nice</a> Securities, Forthright Securities, and Roofer Securities are acting as joint bookrunners and joint lead managers.</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>Shenzhen SDMC Technology Launches HK$630 Million Hong Kong IPO</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\">\nShenzhen SDMC Technology Launches HK$630 Million Hong Kong IPO\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\">2026-05-18 09:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Shenzhen SDMC Technology (HKG:0901) launched its Hong Kong initial public offering on Monday, seeking to raise about HK$630 million from the deal.</p><p>The Chinese smart home products provider is offering 19.2 million shares at HK$32.80 apiece, according to a Hong Kong bourse filing.</p><p>The offering comprises 1.9 million shares for Hong Kong investors and 17.3 million shares for international investors, subject to reallocation and the offer size adjustment option.</p><p>The Hong Kong public offering closes on May 21, with allocation results due by May 26, ahead of the company's planned trading debut on May 27.</p><p>Net proceeds will be used mainly to invest in AI home-related technologies, enhance the company's market position, and develop new products.</p><p>The funds will also be used for global expansion, investments in upstream and downstream market players, and for working capital and general corporate purposes.</p><p><a href=\"https://laohu8.com/S/601066\">China Securities</a> (International) Corporate Finance is acting as sole sponsor, sole sponsor-overall coordinator, sole overall coordinator, and sole global coordinator.</p><p>China Securities (International) Corporate Finance, CMB International Capital, CCB International Capital, ABCI Capital, CNCB (Hong Kong) Capital, <a href=\"https://laohu8.com/S/00064\">Get Nice</a> Securities, Forthright Securities, and Roofer Securities are acting as joint bookrunners and joint lead managers.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IPOS","symbol_name":"Renaissance International IPO ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2636483510","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636483510","pubTimestamp":1779068694,"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":"Shenzhen SDMC Technology  launched its Hong Kong initial public offering on Monday, seeking to raise about HK$630 million from the deal.The Chinese smart home products provider is offering 19.2 million shares at HK$32.80 apiece, according to a Hong Kong bourse filing.The offering comprises 1.9 million shares for Hong Kong investors and 17.3 million shares for international investors, subject to reallocation and the offer size adjustment option.The Hong Kong public offering closes on May 21, with allocation results due by May 26, ahead of the company's planned trading debut on May 27.Net proceeds will be used mainly to invest in AI home-related technologies, enhance the company's market position, and develop new products.The funds will also be used for global expansion, investments in upstream and downstream market players, and for working capital and general corporate purposes.China Securities  Corporate Finance is acting as sole sponsor, sole sponsor-overall coordinator, sole overall ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IPOS":"Renaissance International IPO ETF","BK1156":"资产管理与托管银行","SPCX":"SPAC and New Issue ETF","00901":"华曦达"},"translate_title":"深圳SDMC科技6.3亿港元香港IPO","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IPOS":1.5,"00901":1.5,"SPCX":1.5},"content_text":"Shenzhen SDMC Technology (HKG:0901) launched its Hong Kong initial public offering on Monday, seeking to raise about HK$630 million from the deal.The Chinese smart home products provider is offering 19.2 million shares at HK$32.80 apiece, according to a Hong Kong bourse filing.The offering comprises 1.9 million shares for Hong Kong investors and 17.3 million shares for international investors, subject to reallocation and the offer size adjustment option.The Hong Kong public offering closes on May 21, with allocation results due by May 26, ahead of the company's planned trading debut on May 27.Net proceeds will be used mainly to invest in AI home-related technologies, enhance the company's market position, and develop new products.The funds will also be used for global expansion, investments in upstream and downstream market players, and for working capital and general corporate purposes.China Securities (International) Corporate Finance is acting as sole sponsor, sole sponsor-overall coordinator, sole overall coordinator, and sole global coordinator.China Securities (International) Corporate Finance, CMB International Capital, CCB International Capital, ABCI Capital, CNCB (Hong Kong) Capital, Get Nice Securities, Forthright Securities, and Roofer Securities are acting as joint bookrunners and joint lead managers.","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":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":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":"4.42.2","shortVersion":"4.42.2","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/2636483510","isCrawlerRequest":true}