FINWIRES · TerminalLIVE
FINWIRES

Huayan Robotics Raises HK$221 Million From Partial Exercise of IPO Overallotment Option

By

Guangdong Huayan Robotics (HKG:1021) said its underwriters partially exercised the overallotment option of its Hong Kong listing, and the stabilization period of its initial public offering ended on Friday, April 24, according to a Sunday filing with the Hong Kong bourse.

The Chinese robotics company issued nearly 13.5 million H shares at HK$17 apiece for additional net proceeds of HK$220.7 million.

The overallotment option was exercised after around 13.9 million H shares were over-allocated in the international portion of the IPO.

A further 466,200 H shares were purchased from the market during the stabilization period.

The number of shares held by the public after the exercise of the overallotment option complied with Hong Kong's listing requirements, Huayan Robotics said.

Related Articles

Asia

Chifeng Jilong's Q1 Profit Soars 104%

Chifeng Jilong Gold Mining (SHA:600988, HKG:6693) recorded a 104% rise in attributable profit in the first quarter of 2025 to 988.2 million yuan from 483.4 million yuan in the year-ago period, according to a Friday Hong Kong bourse filing.The miner's earnings per share jumped to 0.52 yuan from 0.29 yuan in the corresponding period of the previous fiscal year.Operating income increased 48% to 3.55 billion yuan from 2.41 billion yuan a year prior.The firm attributed the positive performance to the optimization of production organization and operational management, allowing the firm to benefit from a year-over-year rise in goldselling price.

HKG:6693SHA:600988
Asia

Jiayuan Services Raises HK$14.6 Million from Share Placement

Jiayuan Services (HKG:1153) completed the placing of 60.5 million shares to two investors at HK$0.25 apiece to raise net proceeds of HK$14.6 million, according to a Friday Hong Kong bourse filing.The shares represent approximately 9% of the real estate developer's enlarged issued share capital.The firm will use proceeds for general working capital, as well as for the settlement of outstanding payables.

HKG:1153
Asia

BOCOM International Unit Buys $9 Million Bonds by Sumitomo Mitsui Trust Bank

BOCOM International (HKG:3329) unit Preferred Investment Management acquired $9 million of certain bonds for $9.1 million from the over-the-counter market on Wednesday, according to a Friday Hong Kong bourse filing.The bonds will be issued by Sumitomo Mitsui Trust Bank and listed on the Singapore Exchange.The company purchased the bonds for investment purposes.

HKG:3329