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<IPO>SDMC (00901.HK) Starts IPO Today; Entry Fee HKD3,313.08
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Smart home product provider SDMC (00901.HK) announced details of its IPO. The stock starts its public offering today (18th) and will close at noon on Thursday (21st), with listing expected next Wednesday (27th). The company plans to offer 19.2073 million H shares globally, with about 10% for the Hong Kong public offering and about 90% for the international offering. The offer price is HKD32.8 per share. Based on a board lot of 100 shares, the entry fee per lot is approximately HKD3,313.08. The sole sponsor is China Securities International. The company expected to raise net proceeds of approximately HKD570 million from the listing. Shareholders of SDMC include Shenzhen Tencent, a subsidiary of TENCENT (00700.HK), and LUXSHARE PRECISION (002475.SZ). Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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