New Stock News | Transtek Technology-W(02525.HK) priced at HK$212.8 per share with public offering oversubscribed 170 times.

According to the Wise Financial News APP, the first stock of global lidar to return to Hong Kong market, Hesai Technology-W (02525.HK), has ended its subscription. According to sources cited by the media, Hesai Technology was priced at HK$212.8 per share, raising at least HK$3.62 billion. The public offering of Hesai Technology was oversubscribed by 170 times, involving funds of HK$66.9 billion. According to comprehensive brokerage data, Hesai Technology's total oversubscription amounted to approximately HK$46.8 billion, with HK$388 million raised in the public offering portion and oversubscription of nearly 120 times.