HOSIN (02681.HK): Offer Price Fixed at HK$72.83; HK Offer 2.37 Times Covered

NewTimeSpace News: On 11 November 2026, HOSIN Electronics Co., LTD. (stock code: 2681) announced its final offer price and allotment results, with the offer price fixed at HK$72.83 per H share, below the maximum offer price of HK$82.90 stated in the prospectus.

The global offering comprises 14,717,200 H shares (subject to the over-allotment option), including 1,471,800 shares under the Hong Kong public offer and 13,245,400 shares under the international offering. At the final offer price, gross proceeds would be about HK$1,072 million before expenses. The Company will have 482,531,284 shares in issue at listing, before any exercise of the over-allotment option.

The Hong Kong public offer received 4,625 valid applications and was 2.37 times covered, with no reallocation, and represents 10% of the global offering. Trading in the H shares is expected to begin on the Stock Exchange at 9:00 am on 12 November 2026. The announcement cautioned that, given the concentrated shareholding, H-share prices may be volatile even on small trading volumes.