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GigaDevice has officially declared that its 28.9158 million H-shares have made a successful debut and commenced trading on the Main Board of the Hong Kong Stock Exchange. The Chinese shorthand for these H-shares is 'GigaDevice' (Zhaoyi Innovation), while the English abbreviation remains 'GIGADEVICE', carrying the stock code '3986'.
Globally, a total of 28.9158 million H-shares were up for grabs. Out of this, 2.8916 million shares were made available to the public in Hong Kong, constituting 10% of the entire global offering. Meanwhile, the remaining 26.0242 million shares were allocated for international distribution, making up 90% of the total. Each H-share was priced at HK$162, and the company anticipates netting approximately HK$4.611 billion from the worldwide offering.
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