BUZZ-Shenzhen Hipine, PATEO CONNECT soar in Hong Kong debut

Reuters

Sep 30

** 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))

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offer price HK$29.60 apiece </p><p>** Stock last up 244.6% with 2.6 mln shares worth HK$220.9 mln ($28.39 mln) traded</p><p>** China-based gold-case watchmaker sold 10.6 mln shares in <span>global offering</span>, raising proceeds to upgrade production capacity, expand sales network, and R&amp;D  </p><p>** Hong Kong retail portion subscribed nearly 2,506x, international portion subscribed around 4x</p><p>** Fellow debutant PATEO CONNECT Technology <span>2889.HK</span> jumps 37% to HK$139.70 from HK$102.23 offer price</p><p>** Smart cockpit solutions provider's <span>retail portion</span> subscribed 530x; raised HK$1.06 bln for acquisitions, product expansion</p><p>** Subscription levels for international portion was about 4x</p><p>($1 = 7.7805 Hong Kong dollars)</p><p> (Reporting by Donny Kwok)</p><p> ((donny.kwok@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02583","symbol_name":"西普尼","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250930:nL2N3VH067:1","article_id":"2571313081","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2571313081","pubTimestamp":1759214313,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Shenzhen Hipine, PATEO CONNECT soar in Hong Kong debut** 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  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  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02583":"西普尼","02889":"博泰车联"},"translate_title":"BUZZ-深圳海派、博泰互联香港首发","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02583":0.9,"02889":0.9},"content_text":"BUZZ-Shenzhen Hipine, PATEO CONNECT soar in Hong Kong debut** 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))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}