Sturgeon Technology, a caviar producer, received over 2100 times oversubscription in its Hong Kong IPO public offering.

date
30/06/2026
According to documents from the Hong Kong Stock Exchange, Hangzhou Qiandao Lake Sturgeon Dragon Technology raised a total of HK$1.23 billion through its Hong Kong initial public offering. The company set the IPO price at HK$75.50 per share, with 1.6 million shares allocated to retail investors oversubscribed by 2,134.81 times, and 14.7 million shares allocated to international investors oversubscribed by 19.87 times. The stock will begin trading on June 30th.