Cathay Smart Driving (03881) priced at 263 Hong Kong dollars per share, Hong Kong public offering received 22.55 times oversubscription.

23:05 18/12/2025

Hidi Smart Driving (03881) announced the results of its placement exercise, with a total of 5.40798 million H shares being offered globally. The public offering in Hong Kong accounts for 10% of the total, while the international offering accounts for 90%. The final offer price is HK$263 per share, with a net raise of approximately HK$1.309 billion from the global offering. Each board lot consists of 10 shares, and it is expected that the H shares will start trading on the Hong Kong Stock Exchange on Friday, December 19, 2025, at 9:00 a.m. Hong Kong time.

China Smart Drive Group (03881) announced the results of the share placement, with a total of 5.40798 million H shares being sold globally. The public offering in Hong Kong accounted for 10%, while the international offering accounted for 90%. The final offering price was HK$263 per share, with a net fundraising of approximately HK$1.309 billion from the global offering. Trading of the H shares is expected to commence on the Hong Kong Stock Exchange on December 19, 2025 (Friday) at 9:00 am (Hong Kong time). The public offering in Hong Kong was oversubscribed by 22.55 times, while the international offering was oversubscribed by 2.1 times.

Software crashed together? Roblox (RBLX.US): It has an ecological closed-loop, Genie can't break.

Industrial: Hong Kong stock market sentiment index has reached the bottom area.

"The 'Chinese Choice' for Global SiC Core Customers: Why TIANYU SEMI (02658)?"

Software crashed together? Roblox (RBLX.US): It has an ecological closed-loop, Genie can't break.

Industrial: Hong Kong stock market sentiment index has reached the bottom area.

"The 'Chinese Choice' for Global SiC Core Customers: Why TIANYU SEMI (02658)?"