HQVT's Hong Kong IPO Oversubscribed by Over 7,000 Times, Raising Approximately HK$537 Million

Stock News
Jun 18

HQVT has announced the final allotment results for its global offering.

The company issued a total of 85.1625 million H shares globally, with the Hong Kong public offering portion accounting for 10% and the international offering making up the remaining 90%.

The final offer price has been set at HK$7.20 per share, with the net proceeds from the global offering expected to be approximately HK$537 million.

Each board lot consists of 500 shares. The H shares are scheduled to commence trading on the Stock Exchange at 9:00 a.m. on Monday, June 22, 2026, Hong Kong time.

The Hong Kong public offering portion was significantly oversubscribed by approximately 7,181.21 times.

The international offering portion was oversubscribed by about 4.81 times.

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