Senior Material's Hong Kong IPO Oversubscribed by Over 1,500 Times

Stock News
06/22

Senior Material (HKG: 06067) has announced the final allocation results for its global offering.

The company issued approximately 150 million H shares globally, with 10% allocated to the Hong Kong public offering and 90% to the international offering.

The final offer price was set at HK$8.98 per share, with net proceeds from the global offering expected to be around HK$1.281 billion.

Each board lot consists of 500 shares, and the H shares are scheduled to commence trading on the Stock Exchange of Hong Kong at 9:00 a.m. on Tuesday, June 23, 2026.

The Hong Kong public offering portion was significantly oversubscribed by approximately 1,563.16 times, while the international offering was oversubscribed by about 14.34 times.

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