RIGOL's Hong Kong Public Offering Oversubscribed by Over 356 Times

Stock News
07/08

RIGOL (Stock Code: 00537) has announced the details of its global offering. The company is issuing a total of 24.8022 million H shares globally. Of this total, 10.00% was allocated to the Hong Kong public offering, with the remaining 90.00% designated for the international offering.

The final offer price has been set at HK$45.98 per share. Based on this price, the net proceeds from the global offering are expected to be approximately HK$1.0408 billion. Each board lot consists of 100 shares.

The company anticipates that its H shares will commence trading on the Stock Exchange of Hong Kong at 9:00 a.m. on July 9, 2026. The Hong Kong public offering portion was significantly oversubscribed, receiving applications for approximately 356.86 times the number of shares available.

Meanwhile, the international offering portion was also oversubscribed, attracting bids for about 9.17 times the shares offered.

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