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HaiZhi Technology Group’s Hong Kong IPO Pricing Approaches Upper End of Range
19 hour ago /
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Author：小编
According to individuals with direct knowledge of the situation, Beijing HaiZhi Technology Group has finalized the share price for its Hong Kong initial public offering (IPO) at HK$27.06, which is close to the upper limit of the previously indicated price range, enabling the company to raise HK$758 million. Initially, the company had set a cap of HK$28 per share for the issue price. Subscriptions for the shares commenced on February 5, with the company scheduled to be listed on the 13th. It plans to offer 28.03 million shares globally and aims to secure approximately HK$648 million in net proceeds. These funds will be earmarked for research and development, business optimization, and other strategic initiatives.
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