AUX ELECTRIC: The Hong Kong public offering was subscribed 557.2 times, with an issue price of HKD 17.42 per share
AUX ELECTRIC announced its global offering of approximately 238 million shares, with 35% allocated for the Hong Kong public offering and 65% for the international offering. The offer price per share is HKD 17.42, with expected net proceeds of approximately HKD 3.994 billion. The Hong Kong public offering was subscribed 557.2 times, and the international offering was subscribed 8.3 times. The shares will begin trading on the Stock Exchange of Hong Kong on September 2, 2025, with the stock code 2580
According to the Zhitong Finance APP, AUX ELECTRIC (02580) announced that the company will globally offer approximately 238 million shares, with 35% allocated for the Hong Kong public offering and 65% for the international offering. The offer price per share is HKD 17.42, raising approximately HKD 3.994 billion in net proceeds. The shares are expected to begin trading on the Stock Exchange of Hong Kong at 9:00 AM (Hong Kong time) on September 2, 2025. The shares will be traded in lots of 200 shares, and the stock code will be 2580.
The Hong Kong public offering was subscribed 557.2 times, while the international offering was subscribed 8.3 times
