Nexchip Semiconductor Corporation (02249): Hong Kong Public Offering Receives 344.26 Times Oversubscription
Crystal International (02249) announced that the company will globally issue 216 million H shares, with 10.00% allocated for public offering in Hong Kong and 90.00% for international offering. The final offer price is set at HK$32.30 per share, raising approximately HK$6.7787 billion in net proceeds from the global offering. Each lot consists of 100 shares, and the H shares are expected to begin trading on the Stock Exchange on July 10, 2026 at 9:00 a.m. The public offering in Hong Kong was oversubscribed 344.26 times, while the international offering was oversubscribed 14.62 times.
Nexchip Semiconductor Corporation (02249) announced that the company will globally issue 216 million H shares, with 10.00% for public offering in Hong Kong and 90.00% for international offering. The final offering price is HK$32.30, raising approximately HK$6.7787 billion in net proceeds. Each lot consists of 100 shares, and it is expected that the H shares will start trading on the Stock Exchange of Hong Kong on the morning of July 10, 2026. The public offering in Hong Kong was oversubscribed 344.26 times, while the international offering was oversubscribed 14.62 times.
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US Stock Market Move | Shares of concept stock in optical communications rose across the board, with Lumentum (LITE.US) up over 12%.

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