DKE Announces HK$402.53 Million IPO at HK$78.64 Per Share; Hong Kong Tranche 1,067× Subscribed

Bulletin Express
07/08

DKE Holding Company Limited has published the final results of its Hong Kong initial public offering ahead of its planned listing on 9 July 2026.

Offering Structure and Pricing • Final offer price: HK$78.64 per H share, the bottom of the indicated HK$78.64–101.11 range. • Shares offered: 5.12 million H shares, split 10% (511,900 shares) for the Hong Kong Public Offering and 90% (4.61 million shares) for the International Placing. • No over-allotment option was exercised; no stabilisation actions will be undertaken.

Proceeds • Gross proceeds: HK$402.53 million. • Estimated listing expenses: HK$47.17 million. • Net proceeds: HK$355.36 million. The intended use of funds is detailed in the company’s prospectus.

Investor Demand • Hong Kong Public Offering: 126,957 valid applications, representing 1,067.54 times oversubscription. • International Placing: 52 placees subscribed for 3.69 times the shares available. • Allocation concentration: the top 25 placees took 88.5% of the International Placing (10.2% of post-listing share capital).

Shareholder and Float Situation • Post-listing share capital: 51.19 million shares. • Public float: 27.26 million H shares, or 53.26% of total shares, satisfying Listing Rule requirements; at least 10% of share capital will be freely tradable at listing. • Controlling shareholders (Concert Party Group and incentive platforms) hold 33.11% and are locked up for one year in line with PRC Company Law. • Other pre-IPO investors collectively hold 56.89%, also subject to a one-year lock-up.

Connected Placements The Stock Exchange granted consents for allocations to: 1. Qu Shengjun (close associate of an existing shareholder) – 254,300 shares (0.50% of post-listing capital). 2. CITIC Asset Management – 1,300 shares, 3. JA Investment SPC – 381,450 shares, 4. SSIF AM Portfolio – 1,300 shares.

Listing Timetable Dealings in DKE’s H shares (board lot: 50 shares) are expected to start at 9:00 a.m. on 9 July 2026 under stock code 01770, assuming the underwriting agreement is not terminated.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10