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Biren Technology (06082) has unveiled the allotment results for its H-share offering, revealing that approximately 285 million shares were made available worldwide. The public tranche, constituting 17.39% of the total offering, witnessed an overwhelming response, with subscriptions reaching a staggering 2,347.53 times the offered amount. Meanwhile, the international portion, accounting for 82.61% of the offering, also saw strong demand, attracting 25.95 times the subscriptions. Each share has been priced at HK$19.6, enabling the company to raise approximately HK$5.3745 billion in net proceeds from the global offering. Investors will be able to purchase shares in lots of 200, and trading of H-shares is slated to commence on the Hong Kong Stock Exchange at 9:00 a.m. (Hong Kong time) on January 2, 2026.
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