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<IPO>HUAQIN's IPO Starts Tdy With Entry Fee HKD7,848.36; Xiaomi Among Cornerstone Investors
HUAQIN (03296.HK), a full-stack intelligent product ODM platform, started its IPO today (15th). It will close at noon next Monday (20th), during which a total of 58.5482 million H-...
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<IPO>HUAQIN's IPO Starts Tdy With Entry Fee HKD7,848.36; Xiaomi Among Cornerstone Investors
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HUAQIN (03296.HK)  -1.050 (-1.296%)   , a full-stack intelligent product ODM platform, started its IPO today (15th). It will close at noon next Monday (20th), during which a total of 58.5482 million H-shares are intended to be offered globally, with about 10% for the Hong Kong public offering and about 90% for the international offering.

With an offer price no more than HKD77.7 per share, this IPO aims to raise up to HKD4.55 billion. The entry fee for a board lot of 100 shares is HKD7,848.36. The shares are expected to be listed next Thursday (23rd).

Related NewsHaitong International Initiates HUAQIN (03296.HK) at Outperform with TP HKD104.14
HUAQIN has introduced a number of cornerstone investors for its IPO, including Shanghai Gaoyi and CICC Financial Trading under CICC (03908.HK)  -0.610 (-3.192%)    Short selling $9.78M; Ratio 3.454%   , New China Asset Management under NCI (01336.HK)  +0.360 (+0.741%)    Short selling $55.58M; Ratio 12.285%   , Everbright Wealth under CEB BANK (06818.HK)  +0.030 (+0.915%)    Short selling $17.10M; Ratio 25.301%   , KIL under KINGBOARD HLDG (00148.HK)  +4.210 (+4.704%)    Short selling $550.25M; Ratio 14.216%   , OmniVision HK under OMNIVISION (00501.HK)  -2.300 (-3.030%)    Short selling $15.12M; Ratio 22.051%   , and Green Better under XIAOMI-W (01810.HK)  -0.480 (-1.824%)    Short selling $633.19M; Ratio 19.713%   . They will subscribe in aggregate for USD290 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-11 16:25.)

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