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2026-04-24 16:53:08 Bloomberg, citing people familiar with the matter, reported that XiZhi Technology (01879.HK) is preparing to price its IPO at the top end of the offer range at HKD183.2 per share. Due to strong market demand, the company stopped accepting subscriptions from institutional investors one day early on Wed (22). XiZhi Technology plans to issue 13.8 million shares at HKD183.2 each, raising HKD2.5 billion. The company is scheduled to list next Tue (28). Cornerstone investors, including Alibaba (09988.HK), Singapore sovereign wealth fund GIC, BlackRock and Hillhouse Investment, have agreed to subscribe for nearly USD210 million worth of shares. (mn/a)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |