BUSINESS● LOW6h ago · Oct 20, 2026, 8:37 AM
Suzhou Dongshan’s US$1.8b Hong Kong IPO trails expectations amid US trade risk concerns
South China Morning Post · east asia
Suzhou Dongshan Precision Manufacturing raised less than expected in its Hong Kong initial public offering (IPO), as investors weighed potential US trade restrictions on its optical modules business amid the city’s cautious appetite for mega listings, analysts said. The company has started taking investor orders for a Hong Kong listing, offering 113.7 million shares at a maximum price of HK$93.80 per share, according to its prospectus on Tuesday. A total of 20 cornerstone investors have agreed...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS21m agoEli Lilly hits all-time high share priceSeeking Alpha TechBUSINESS27m agoInvestors should diversify beyond AI amid rising interest rates – analystSeeking Alpha Tech