Shenzhen Zhaowei Machinery & Electronics (02692): Priced at 71.28 Hong Kong dollars per share, the Hong Kong public offering received 1536.76 times oversubscription.
Zhaowei Electrical (02692) announced that the company will globally issue approximately 26.7483 million H shares, with 10% of the shares being offered in Hong Kong and 90% offered internationally. The final offer price is HK$71.28 per share, with a net raise of approximately HK$1.828 billion from the global sale. Trading of the H shares, with a lot size of 100 shares, is expected to commence on the Stock Exchange of Hong Kong at 9:00 a.m. on Monday, March 9, 2026.
Shenzhen Zhaowei Machinery & Electronics (02692) announced that the company will globally issue approximately 26.748 million H shares, with 10% for public offering in Hong Kong and 90% for international offering. The final offering price is HK$71.28 per share, with a total net raise of approximately HK$1.828 billion. Each board lot consists of 100 shares, and the H shares are expected to start trading on the Hong Kong Stock Exchange on Monday, March 9, 2026 at 9:00 am.
The public offering in Hong Kong was oversubscribed by 1536.76 times, while the international offering was oversubscribed by 13.4 times.
Related Articles
US Stock Market Move | Mini Med Group (MMED.US) landed on the US stock market, opening with a 1.85% decrease.
.png)
US Stock Market Move | Q4 performance and revenue outlook exceed expectations, Marvell Technology, Inc. (MRVL.US) is up over 16.8%.
US Stock Market Move | BlackRock, Inc. (BLK.US) falls more than 5%, $25 million private lending valuation drops to zero
US Stock Market Move | Mini Med Group (MMED.US) landed on the US stock market, opening with a 1.85% decrease.
US Stock Market Move | Q4 performance and revenue outlook exceed expectations, Marvell Technology, Inc. (MRVL.US) is up over 16.8%.
US Stock Market Move | BlackRock, Inc. (BLK.US) falls more than 5%, $25 million private lending valuation drops to zero
RECOMMEND
