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Biren Technology's Hong Kong IPO Sees 47-Fold Oversubscription for Retail Tranche
1 week ago /
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Author：小编
Biren Technology carried out its share sale from December 22 to December 29 and is anticipated to make its market debut on January 2, 2026. On the inaugural day of its Hong Kong Initial Public Offering (IPO), the retail portion witnessed a staggering level of interest, with the margin financing amount being oversubscribed nearly 47 times. The company intends to offer 248 million shares on a global scale, priced between HK$17 and HK$19.6 per share. This offering has garnered the support of 23 cornerstone investors.
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