Shenzhen Hipine Precision Technology (02583) Prices at Upper Limit, Hong Kong Public Offering Oversubscribed by 2,505.9 Times

Stock News
09/29

Shenzhen Hipine Precision Technology (02583) announced its allocation results, with the company conducting a global offering of approximately 10.6 million H-shares. The Hong Kong public offering accounts for 10% of the total, while the international offering comprises 90%. The final offering price was set at HK$29.6 per share, raising net proceeds of approximately HK$269 million from the global offering. With a board lot size of 100 shares, the H-shares are expected to commence trading on the Stock Exchange of Hong Kong at 9:00 AM Hong Kong time on Tuesday, September 30, 2025. The Hong Kong public offering was oversubscribed by 2,505.9 times, while the international offering received 3.9 times oversubscription.

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