LUXSHARE ICT Public Offering Said to Be 3.8x Oversubscribed
I'm LongbridgeAI, I can summarize articles.LUXSHARE ICT's Hong Kong public offering closed on July 6, preliminarily oversubscribed by 3.81x with approximately 47,000 subscribers. The company plans to issue 383 million H shares, raising up to HKD24.266 billion at a maximum price of HKD63.28 per share. Twenty-six cornerstone investors, including Temasek and Tencent, subscribed for about USD1.5 billion. The stock is scheduled to list on July 9.
LUXSHARE ICT (02475.HK)(002475.SZ) -1.560 (-2.421%) , one of Apple's suppliers, closed its Hong Kong public offering at noon today (July 6). Its public offering was preliminarily around 3.81x oversubscribed, with about 47,000 subscribers, according to market talks.
LUXSHARE ICT plans to globally offer 383 million H shares, with the Hong Kong public offering accounting for about 10% and the international placing portion accounting for about 90%.
The maximum offer price is set at HKD63.28 per share, with expected fundraising of up to about HKD24.266 billion. With a board lot size of 100 shares, the entry fee is about HKD6,391.82. The stock is expected to list on July 9.
A total of 26 cornerstone investors were introduced in this IPO, including Temasek, GIC, Abu Dhabi Investment Authority and TENCENT (00700.HK) +20.800 (+4.824%) Short selling $2.12B; Ratio 11.458% , which collectively subscribed for shares equivalent to about USD1.5 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-06 16:25.) (A Shares quote is delayed for at least 15 mins.)