Meige Smart (03268.HK) Hong Kong Public Offering Subscribed 174.12 Times, Listing on March 10

NightAirdropper · 2026-03-09T21:18:49+00:00

Meige Smart announces the global offering of 40,250,000 H-shares at HKD 28.86 per share, with a net amount of HKD 1.091 billion. The Hong Kong public offering was oversubscribed by 174.12 times, and the international offering was oversubscribed by 4.50 times. The H-shares are expected to be listed on March 10, 2026.

NightAirdropper

2026-03-09 21:18:49

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Gelonghui March 9 — Megalithic Intelligence (03268.HK) and Zhaowei Mechanical and Electrical (02692.HK) announced that the company’s global offering consists of 40,250,000 H shares at HKD 28.86 per share, with net proceeds of HKD 1.091 billion. The Hong Kong public offering accounts for 8.70% of the total global offering, with a subscription rate of 174.12 times; the international offering accounts for 91.30%, with a subscription rate of 4.50 times.

Assuming the global offering becomes unconditional on March 10, 2026 (Tuesday) at 8:00 a.m. Hong Kong time or earlier, it is expected that the H shares will begin trading on the Stock Exchange at 9:00 a.m. Hong Kong time on March 10, 2026 (Tuesday). H shares will be traded in lots of 100 shares, with the stock code 3268.

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