Hong Kong's Victory Giant Technology (02476) has received 431.15 times oversubscription for its public offering, with an offer price of HK$209.88 per share.

date
22:17 20/04/2026
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GMT Eight
Sheng Hong Technology (02476) announced the results of its distribution of shares. The company globally offered 95.85 million H shares, with the Hong Kong public offering (excluding overseas employee reservation shares) accounting for 8.19% and the international offering (excluding overseas employee reservation shares under the priority offering for Chinese employees) accounting for 83.48%. The offering price per share was HK$209.88, and the net proceeds from the global offering are approximately HK$19.8894 billion. Each lot consists of 100 shares, and it is expected that the H shares will commence trading on the Stock Exchange of Hong Kong on Tuesday, April 21, 2026 at 9:00 AM.
Victory Giant Technology (02476) announced the results of the distribution, with a total of 95.85 million H shares sold globally. The public offering in Hong Kong (excluding shares reserved for overseas employees) accounted for 8.19%, while the international offering (excluding shares reserved for overseas employees under the priority offering for Chinese employees) accounted for 83.48%. The selling price per share was 209.88 Hong Kong dollars, with a total net proceeds of approximately 19.8894 billion Hong Kong dollars from the global offering. Each lot consists of 100 shares, and it is expected that H shares will begin trading on the Hong Kong Stock Exchange on April 21, 2026 (Tuesday) at 9:00 a.m. local time. In the Hong Kong public offering, there was 431.15 times oversubscription, while the international offering (excluding shares reserved for overseas employees under the priority offering for Chinese employees) was oversubscribed by 18.5 times.