---
title: "According to reports, VGT's upper limit price for the new shares may increase the fundraising amount to 2.6 billion USD"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282801417.md"
description: "VGT is going public in Hong Kong, potentially raising funds at a capped price, with the scale increasing to USD 2.6 billion. The originally planned offering price is no more than HKD 209.88 per share, with a maximum fundraising of approximately HKD 17.49 billion. Institutional investor subscriptions close today (15th), and shares will be listed next Tuesday (21st). This IPO is the largest scale in Hong Kong since September last year, and it is expected that the total fundraising amount for this year will exceed USD 40 billion"
datetime: "2026-04-15T07:10:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282801417.md)
  - [en](https://longbridge.com/en/news/282801417.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282801417.md)
---

# According to reports, VGT's upper limit price for the new shares may increase the fundraising amount to 2.6 billion USD

According to a report by Bloomberg, VGT (02476.HK) is going public in Hong Kong, potentially at a capped price, and may exercise an option to increase the offering size to $2.6 billion. The company initially announced that the offering price would not exceed HKD 209.88 per share, raising a maximum of approximately HKD 17.49 billion. The subscription for institutional investors will close a day early today (15th) at noon, and the shares will be listed next Tuesday (21st).

The report indicates that this IPO is the largest since Zijin Mining International (02259.HK) raised $3.7 billion in September last year. According to Bloomberg's forecast, despite challenges such as increased scrutiny and the situation in Iran, the total amount raised in Hong Kong this year is still expected to surpass last year, exceeding $40 billion

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