- Lingyi Zhizao (01688.HK) announced its IPO plan, offering nearly 812 million H shares globally, with 10% for public offering in Hong Kong.
- The maximum offer price is HKD10.18 per share, aiming to raise approximately HKD8.152 billion in net proceeds, with funds allocated for production capacity, R&D, strategic investments, and facility expansion.
- The IPO period runs from June 17 to June 23, with listing expected on June 26, and includes 19 cornerstone investors subscribing around USD407 million in shares.
