RONGTA TECH priced each share at HKD 10, with the Hong Kong public offering receiving 275.96 times subscription
RONGTA TECH announced the results of its global offering of 18.4 million H shares, with a final offer price of HKD 10 per share, raising approximately HKD 131.2 million in net proceeds from the global offering. The Hong Kong public offering was 275.96 times subscribed, while the international offering was 0.96 times subscribed. H shares are expected to begin trading on the Stock Exchange of Hong Kong on June 10, 2025
According to the Zhitong Finance APP, RONGTA TECH (09881) announced the allocation results. The company globally offered 18.4 million H shares, with 13.20% allocated to the Hong Kong public offering and 86.80% to the international offering. The final offering price was HKD 10 per share, raising approximately HKD 131.2 million in net proceeds from the global offering. Each lot consists of 500 shares, and H shares are expected to begin trading on the Stock Exchange at 9:00 AM (Hong Kong time) on June 10, 2025 (Tuesday).
Among them, the Hong Kong public offering was subscribed 275.96 times, while the international offering was subscribed 0.96 times
