--- title: "【New Stock IPO】【Subscription Situation】【Continuously Updated】ODM platform Huaqin Technology (3296) has borrowed HKD 360 million in margin financing, and has not yet been fully subscribed" type: "News" locale: "en" url: "https://longbridge.com/en/news/282930201.md" description: "Huaqin Technology will conduct an IPO from April 15 to 20. As of 3 PM on the 15th, it has received margin financing of HKD 360 million, but has not been fully subscribed. The company plans to issue 58.548 million H shares, with a public offering fundraising amount of HKD 460 million, and the offering price will not exceed HKD 77.7 per share, with listing expected on April 23. Huaqin Technology focuses on the field of smart products, covering technologies such as artificial intelligence and the Internet of Things" datetime: "2026-04-16T03:02:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282930201.md) - [en](https://longbridge.com/en/news/282930201.md) - [zh-HK](https://longbridge.com/zh-HK/news/282930201.md) --- # 【New Stock IPO】【Subscription Situation】【Continuously Updated】ODM platform Huaqin Technology (3296) has borrowed HKD 360 million in margin financing, and has not yet been fully subscribed The original design manufacturing (ODM) platform for smart products, Huaqin Technology (3296.HK), will be open for subscription from April 15 to 20. As of yesterday (15th) at 3 PM, Huaqin Technology has received margin financing of HKD 360 million, which is still insufficient compared to the public offering fundraising amount of HKD 460 million. Huaqin Technology plans to issue 58.548 million H shares, with 10% available for public offering in Hong Kong. The offering price will not exceed HKD 77.7 per share, raising a maximum of HKD 4.55 billion. Each lot consists of 100 shares, with an entry fee of HKD 7,848.4. Huaqin Technology's H shares are expected to be listed for trading on April 23, with China International Capital Corporation and Bank of America Securities as joint sponsors. ## Background Huaqin Technology Co., Ltd. is a platform company deeply engaged in the smart product field, integrating core technologies such as artificial intelligence, the Internet of Things, big data, and communication technology, while incorporating multiple smart functions. The group's business is rooted in three major pillar products: smartphones, laptops, and servers. The group promotes the development and application of products and technologies in the era of mobile communication, the Internet, cloud computing, and artificial intelligence, providing smart products covering mobile terminals, computing and data center businesses, AIoT, and innovative business areas for global technology companies. More information:【New Stock IPO】Smart Product ODM Platform Huaqin Technology 3296 IPO Annual Revenue of Hundreds of Billions Attracts Investment from Morgan Stanley, Xiaomi, etc., Entry Fee HKD 7,848.4, Will You Subscribe? ### Related Stocks - [603296.CN](https://longbridge.com/en/quote/603296.CN.md) - [03908.HK](https://longbridge.com/en/quote/03908.HK.md) - [601995.CN](https://longbridge.com/en/quote/601995.CN.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [81810.HK](https://longbridge.com/en/quote/81810.HK.md) - [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md) ## Related News & Research - [Huaqin Unveils Elevated 2025 Dividend and 40% Bonus Share Issue to Boost Liquidity](https://longbridge.com/en/news/285388853.md) - [How network intelligence can help businesses anticipate risks, ensure uptime, and deliver on AI](https://longbridge.com/en/news/286815400.md) - [AI adoption reshapes industries with efficiency gains and governance risks](https://longbridge.com/en/news/286622143.md) - [China backs DeepSeek in $4B bid to rival US AI](https://longbridge.com/en/news/286651432.md) - [ICAI to embed AI, data analytics in CA curriculum to match industry changes](https://longbridge.com/en/news/286671258.md)