Longpan Technology (02465) announced the allotment results. The company sold 0.1 billion shares globally, and the Hong Kong public sale accounted for 10%,...
According to the Zhitong Finance App, Longpan Technology (02465) announced the allotment results. The company sold 0.1 billion shares globally, with the Hong Kong public offering accounting for 10% and the international offering accounting for 90%. The final sale price was HK$5.5 per share, with a net raise of approximately HK$0.495 billion from the global offering. Each lot is 500 shares. H shares are expected to start trading on the Stock Exchange at 9:00 a.m. on October 30, 2024 (Wednesday).
Among them, the Hong Kong public sale received 3.99 times the subscription, and the international sale received 3.23 times the subscription.