ZheShang Venture Capital-backed Haiqing Zhiyuan jumps after HK IPO at HKD 7.2 a share
I'm LongbridgeAI, I can summarize articles.Haiqing Zhiyuanlisted on the Hong Kong main board, pricing its global offering at HKD 7.2 per share and raising approximately HKD 613 million with a subscription rate of 7,200x. Shares surged 316.67% to HKD 30 intraday, reaching a market cap of HKD 23 billion. Backed by ZheShang Venture Capital, which holds a 13.22% stake, the company aims to use proceeds for R&D and expansion, citing a No. 1 position in China's multispectral AI market.
- Haiqing Zhiyuan (01392.HK) listed on the Hong Kong main board on June 22, positioning itself as a multispectral AI pure play. * Global offering of 85,162,500 H shares priced at HKD 7.2 raised about HKD 613 million; subscription was about 7,200x. * Shares hit HKD 30 intraday, up 316.67% from IPO price; market capitalization topped HKD 23 billion. * ZheShang Venture Capital invested across 2020, 2021, 2024 rounds totaling CNY 100 million; post-IPO stake stands at 13.22%. * IPO proceeds earmarked for R&D, production expansion, overseas growth; company cited 3.3% China multispectral AI market share, ranked No. 1. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ZheShang Venture Capital Co. Ltd. published the original content used to generate this news brief on June 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here