FORTIOR (01304.HK) -1.200 (-0.732%) Short selling $3.88M; Ratio 2.272% , a company specializing in BLDC motor drive control chip design, announced its IPO details. It planned to globally offer 16.2995 million H shares, with approximately 10% for Hong Kong public offering and about 90% for international offering. The maximum IPO price was HKD120.5 per share. Entry fee was HKD12,171.53 with a board lot size of 100 shares. The IPO starts today (June 30) and will close at noon on Friday (July 4), with the listing expected next Wednesday (July 9). The sole sponsor is CICC.Related NewsM Stanley Raises HSI TP to 28,400, Expects Uptrend to Extend to 2Q Next YearFORTIOR (688279.SH) +5.440 (+2.373%) closed at RMB197.72 on the A-share market last Friday (27th), indicating that the maximum H-share IPO price was over 44% discounted compared to the A-share price.The company's H-share listing attracted 10 cornerstone investors, including 3W Fund, Wind Sabre, China Asset Management (Hong Kong) backed by CITIC SEC (06030.HK) -0.440 (-1.633%) Short selling $11.63M; Ratio 4.880% , Mega Prime, Sanhua International Singapore backed by SANHUA (02050.HK) +2.300 (+6.841%) Short selling $25.58M; Ratio 1.401% , Fourier Capital, Torus, and Intac, collectively subscribing for USD112 million worth of company shares.At the maximum offering price, the company expected to raise net proceeds of approximately HKD1.846 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.) (A Shares quote is delayed for at least 15 mins.)Related NewsCMSI: Tesla Robot Mass Production to Lift Sector Sentiment Ahead of Schedule; Focus on Bottom-fishing Opportunities
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