News: Nations starts its IPO today, raising up to HKD 1.026 billion

BambooWorks
2026.03.13 04:51
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Nations Technology Co., Ltd.; starting today, it is publicly offering shares, planning to issue 95 million H shares, with a maximum offering price of HKD 10.80, expecting to raise up to HKD 1.026 billion (approximately USD 131 million). The company will be listed on the Hong Kong Stock Exchange on March 23. Nations Technology was established in 2000, focusing on smart terminal control chips and system solutions, with a revenue of 960 million last year and a narrowed net loss. The raised funds will be used for research and development, product upgrades, strategic investments, and repaying bank loans