NSING TECH will be listed tomorrow: net fundraising of HKD 940 million, with a loss of HKD 118 million in 2025
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NSING TECH Co., Ltd. will be listed on the Hong Kong Stock Exchange on March 23, with an issue price of HKD 10.8, issuing 95 million shares, and a net fundraising amount of HKD 944 million. Cornerstone investors include Guohua Life Insurance, with a total subscription amount of HKD 140 million. The company's revenue for 2022, 2023, and 2024 is expected to be HKD 1.2 billion, HKD 1.037 billion, and HKD 1.168 billion, respectively, with an estimated revenue of HKD 1.36 billion and a net loss of HKD 118 million in 2025. The largest shareholder is Sun Yingtong, and the degree of equity dispersion is relatively high
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