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LAIFUAL (03952.HK) IPO Said to Be Priced at Top End: IFR
2026-06-26 13:30:45
LAIFUAL (03952.HK), a provider of robotic harmonic reducers, is expected to list on June 30. Its offer price range is between HKD77 and HKD85.5 per share. The company intends to price the IPO at the top end of the range, raising HKD1.1 billion, IFR, citing sources, reported.

LAIFUAL plans to offer 13.4419 million H shares globally, with around 5% allocated to the Hong Kong public offering and about 95% to the international placing. CMBI is the sole sponsor.

The IPO introduced 10 cornerstone investors, including Oaktree, CDH Global, E Fund, Eurus Holdings, Dream'ee HK Fund, Factorial Master Fund and Oasis Fund, which collectively subscribed for shares equivalent to nearly RMB375 million
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