New Stock News | "The first stock of visual embodied intelligence" Ruiwei Technology (07656.HK) starts the IPO in Hong Kong, adding high-quality targets to the AI hard technology track.

According to the Securities Times app, Hong Kong's "Visual Embodied Intelligent First Stock" Raytron Technology officially launched its IPO today (June 29th). Raytron Technology (07656.HK) plans to globally issue 28,087,000 H shares, with 5% sold in Hong Kong and 95% sold internationally. The offering price is HK$21.66 per share with 200 shares per lot, and a subscription fee of HK$4,375.69 per lot. It is expected to raise HK$608 million. The company is expected to be listed on the Hong Kong Stock Exchange on July 8th, with Huatai International, CCB International, and ICBC International as its joint sponsors.