Dazhu CNC, a prominent player in the CNC machining industry, recently announced the results of its public offering in Hong Kong. On the evening of February 5, the company revealed that its public offering was oversubscribed by an impressive 446.39 times, while the international offering received a subscription rate of 21.07 times. The final offer price was set at HKD 95.80, leading to a net proceeds of approximately HKD 4.6307 billion. The company’s H-shares are scheduled to commence trading on the Hong Kong Stock Exchange on February 6, 2026.
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Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/dazhu-cnc-achieves-446-39-times-subscription-rate-in-hong-kong-ipo-at-hkd-95-80-per-share/
