** Shares of Shenzhen Hipine Precision Technology 2583.HK soar as much as 339.3% in Hong Kong debut; offer price HK$29.60 apiece

** Stock last up 244.6% with 2.6 mln shares worth HK$220.9 mln ($28.39 mln) traded

** China-based gold-case watchmaker sold 10.6 mln shares in global offering, raising proceeds to upgrade production capacity, expand sales network, and R&D

** Hong Kong retail portion subscribed nearly 2,506x, international portion subscribed around 4x

** Fellow debutant PATEO CONNECT Technology 2889.HK jumps 37% to HK$139.70 from HK$102.23 offer price

** Smart cockpit solutions provider's retail portion subscribed 530x; raised HK$1.06 bln for acquisitions, product expansion

** Subscription levels for international portion was about 4x

($1 = 7.7805 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))