Lingyi iTech (01688.HK) Launches IPO: Max Offer Price at HK$10.18, Entry Fee Around HK$6,787 per Lot

NewTimesSpace (newtimespace.com) reports: Lingyi iTech (Guangdong) Company ("Lingyi iTech") announced on June 17, 2026, the launch of its global offering. The company will offer 811,811,880 H shares globally, comprising 81,181,320 H shares for the Hong Kong public offering (approximately 10.0%) and 730,630,560 H shares for the international offering (approximately 90.0%). The maximum offer price is HK$10.18 per H share. The stock code is 1688. Shares will be traded in board lots of 660 H shares each. Based on the maximum offer price, the entry fee for one board lot is approximately HK$6,786.56, inclusive of a 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00015% AFRC transaction levy, and 0.00565% Stock Exchange trading fee.

According to the announcement, Guotai Haitong Securities Co., Ltd. and Guotai Junan International Holdings Limited serve as the exclusive sponsors, exclusive sponsorsoverall coordinators, overall coordinators, joint global coordinators, joint bookrunners, and joint lead managers. The Hong Kong public offering commences at 9:00 a.m. on Wednesday, June 17, 2026. The deadline for completing electronic applications via the White Form eIPO service is 11:30 a.m. on Tuesday, June 23, 2026, and the deadline for submitting electronic application instructions to HKSCC is 12:00 noon on the same day. The final offer price, application levels, and allotment basis are expected to be announced on Thursday, June 25, 2026, with H shares expected to commence trading on the Hong Kong Stock Exchange at 9:00 a.m. on Friday, June 26, 2026.

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