Sigenergy (06656.HK): Debut closes at HK$659.5, surging 103.42% from IPO price
NewTimeSpace News: Sigenergy Technology Co., Ltd. (06656.HK) made its trading debut on the Hong Kong Stock Exchange today. The stock closed at HK$659.5, up HK$335.3 or 103.42% from its initial public offering (IPO) price of HK$324.2. The company offered approximately 13.57 million shares, raising a gross proceeds of about HK$4.401 billion and net proceeds of approximately HK$4.190 billion.
NewTimeSpace News: Sigenergy Technology Co., Ltd. (06656.HK) officially listed on the Main Board of the Hong Kong Stock Exchange on April 16, 2026.
At the close of trading, the company's shares were quoted at HK$659.5, representing an increase of HK$335.3 or 103.42% compared to the IPO price of HK$324.2. The total number of shares offered (before exercise of the over-allotment option) was 13,573,900, consisting of 1,357,400 shares for the Hong Kong public offering and 12,216,500 shares for the international offering. The number of issued shares upon listing (before exercise of the over-allotment option) was 246,796,930.
The IPO raised a gross proceeds of approximately HK$4.401 billion. After deducting listing expenses of approximately HK$211 million, the net proceeds amounted to approximately HK$4.190 billion.
At the close of trading, the company's shares were quoted at HK$659.5, representing an increase of HK$335.3 or 103.42% compared to the IPO price of HK$324.2. The total number of shares offered (before exercise of the over-allotment option) was 13,573,900, consisting of 1,357,400 shares for the Hong Kong public offering and 12,216,500 shares for the international offering. The number of issued shares upon listing (before exercise of the over-allotment option) was 246,796,930.
The IPO raised a gross proceeds of approximately HK$4.401 billion. After deducting listing expenses of approximately HK$211 million, the net proceeds amounted to approximately HK$4.190 billion.
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