Shenzhen Zhaowei Machinery & Electronics (02692): Priced at 71.28 Hong Kong dollars per share, the Hong Kong public offering received 1536.76 times oversubscription.
Zhaowei Electrical (02692) announced that the company will globally issue approximately 26.7483 million H shares, with 10% of the shares being offered in Hong Kong and 90% offered internationally. The final offer price is HK$71.28 per share, with a net raise of approximately HK$1.828 billion from the global sale. Trading of the H shares, with a lot size of 100 shares, is expected to commence on the Stock Exchange of Hong Kong at 9:00 a.m. on Monday, March 9, 2026.
Shenzhen Zhaowei Machinery & Electronics (02692) announced that the company will globally issue approximately 26.748 million H shares, with 10% for public offering in Hong Kong and 90% for international offering. The final offering price is HK$71.28 per share, with a total net raise of approximately HK$1.828 billion. Each board lot consists of 100 shares, and the H shares are expected to start trading on the Hong Kong Stock Exchange on Monday, March 9, 2026 at 9:00 am.
The public offering in Hong Kong was oversubscribed by 1536.76 times, while the international offering was oversubscribed by 13.4 times.
Related Articles
Why did Fosun (00656) choose to proactively unload historical "baggage" at this time?
Xpeng (XPEV.US) G6 Super Long-Range Version Listed: 2250 TOPS Computing Power + Second Generation VLA
CITIC SEC: Continues to be optimistic about storage demand exceeding expectations, and supply shortage will continue until the first half of 2027.
Why did Fosun (00656) choose to proactively unload historical "baggage" at this time?
Xpeng (XPEV.US) G6 Super Long-Range Version Listed: 2250 TOPS Computing Power + Second Generation VLA
CITIC SEC: Continues to be optimistic about storage demand exceeding expectations, and supply shortage will continue until the first half of 2027.
RECOMMEND
