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<IPO>VGT (02476.HK) Said to Close Institutional Bookbuilding 1 Day Early; H-Shr Fundraising May Expand to HKD20.2B
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NVIDIA (NVDA.US) supplier and leading mainland AI printed circuit board (PCB) maker, VGT (02476.HK), plans to stop accepting institutional investor subscriptions for its Hong Kong offering one day earlier than scheduled, Bloomberg reported, citing people with the knowledge of the matter. The stock closed subscription at noon on Wednesday (15th), while its public offering will close tomorrow (16th). Separately, due to strong demand, VICTORY GIANT TECHNOLOGY (300476.SZ), which is already listed on the mainland A-share market, plans to expand the size of its H-share listing to HKD20.2 billion, IFR under Reuters, citing sources, reported. As of the Hong Kong market open this morning (15th), margin financing subscription for VGT whopped HKD46.475 billion, representing an oversubscription of approximately 25x. Auto-translated by AI AASTOCKS Financial News |
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