Cloudy Valley Technology (03310) Hong Kong public offering received 3,559.68 times oversubscription. The global offering raised approximately HK$1.019 billion.
Cloud Valley Technology (03310) announced the results of the distribution of shares, with a total of 52.8592 million H shares being offered globally. The public sale in Hong Kong accounts for 10%, while the international sale accounts for 90%. The offering price per share is 20.81 Hong Kong dollars, with a net fundraising of approximately 1.019 billion Hong Kong dollars globally. The trading unit is 200 shares of H shares per lot, and the H shares are expected to start trading on the Hong Kong Stock Exchange at 9:00 am on May 27, 2026 (Wednesday) Hong Kong time.
Cloud Valley Technology (03310) announced the results of its distribution, with a total of 52.8592 million H shares sold globally. The public offering in Hong Kong accounted for 10% of the shares, while the international offering accounted for 90%. The offering price per share was HK$20.81, raising a net amount of around HK$1.019 billion globally. Trading units are 200 shares per lot. It is expected that the H shares will start trading on the Hong Kong Stock Exchange on May 27, 2026, at 9:00 am local time.
The public offering in Hong Kong received 3,559.68 times oversubscription, while the international offering received 7.05 times oversubscription.
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