NEXCHIP's Hong Kong Public Offering Oversubscribed by Over 340 Times

Stock News
Jul 09

The Hong Kong public offering for NEXCHIP (02249) has been significantly oversubscribed. The company announced the details of its global offering, which involves 216 million H shares. Of this total, the Hong Kong public offering portion accounted for 10.00%, with the international offering making up the remaining 90.00%.

The final offer price has been set at HK$32.30 per share. The net proceeds from the global offering are expected to be approximately HK$6.7787 billion.

Each board lot will consist of 100 shares. The H shares are scheduled to commence trading on the Stock Exchange at 9:00 a.m. on July 10, 2026.

Subscription figures show strong demand. The Hong Kong public offering was oversubscribed by approximately 344.26 times. The international offering portion was also oversubscribed, by about 14.62 times.

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