Suzhou Novosense Microelectronics (02676) restricted price limit, Hong Kong public offering oversubscribed by 25.33 times.
Nextronics (02676) announced the results of the distribution. The company globally offered 19.0684 million shares, with 10% for public offering in Hong Kong and 90% for international offering. The offering price per share was HK$116, raising approximately HK$2.0964 billion in net proceeds. Each board lot is 100 shares, and H shares are expected to start trading on the Stock Exchange on Monday, December 8, 2025 at 9:00 am.
Suzhou Novosense Microelectronics (02676) announced the results of its distribution, with a total of 19.0684 million shares sold globally. The public offering in Hong Kong accounted for 10%, while the international offering accounted for 90%. The offering price per share was HK$116, with a total net proceeds of approximately HK$2.0964 billion from the global offering. Each board lot contains 100 shares, and it is expected that the H shares will begin trading on the Hong Kong Stock Exchange on Monday, December 8, 2025, at 9:00 AM.
The public offering in Hong Kong received 25.33 times oversubscription, while the international offering received 2.65 times oversubscription.
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