HOSIN Electronics Launches HK IPO: Up to HK$1.22 Billion from 14.72 Million H-Share Global Offering

Bulletin Express
Oct 30

HOSIN Electronics Co., LTD. has formally kicked off its Hong Kong initial public offering, targeting gross proceeds of up to HK$1.22 billion based on the maximum offer price.

Key Offering Terms • Total shares on offer: 14.72 million new H-shares, each with a par value of RMB1.00. • Pricing range: HK$72.29–82.90 per H-share; applications for the Hong Kong tranche are funded at the top end (HK$82.90) with refunds if priced lower. • Offer structure: – Hong Kong Public Offering – 1.47 million shares (10% of the deal, subject to reallocation). – International Offering – 13.25 million shares (90%, subject to reallocation, Offer Size Adjustment Option and Over-allotment Option). • Upsize mechanics: – Offer Size Adjustment Option allows up to 2.21 million additional shares (15% of base deal) to meet strong demand in the International Offering. – Over-allotment Option permits issuance of up to a further 2.21 million shares (or 2.54 million if the size adjustment is exercised in full) within 30 days post-listing. • Maximum potential issuance (base + full upsize + full over-allotment) would reach 19.47 million H-shares, lifting the company’s post-listing share capital by roughly 0.52%.

Timetable Highlights (Hong Kong Time) • Application window: 9:00 a.m. 30 Oct 2026 – 12:00 p.m. 9 Nov 2026. • Expected pricing date: by 12:00 p.m. 10 Nov 2026. • Allocation results & final price announcement: by 11:00 p.m. 11 Nov 2026. • Share certificates/CCASS deposits and refunds: on or before 11-12 Nov 2026. • First trading day on the Hong Kong Stock Exchange Main Board: 9:00 a.m. 12 Nov 2026. • Stabilisation window: up to 30 days post close of Hong Kong Public Offering (until 9 Dec 2026).

Application Mechanics • Entire Hong Kong Public Offering employs a fully electronic process. – Individual investors may apply via the HK eIPO White Form portal (www.hkeipo.hk). – CCASS participants can submit electronic applications through the HKSCC FINI system. • Minimum application: 100 H-shares (approx. HK$8,373.60 at the top price, inclusive of levies and fees). • Board lot size post-listing: 100 H-shares.

Advisers and Underwriting • China Securities (International) Corporate Finance Company Limited acts as Sole Sponsor-Overall Coordinator, Sole Global Coordinator, Joint Bookrunner and Joint Lead Manager. • Additional joint bookrunners and joint lead managers are listed in the prospectus. • A stabilising manager may conduct post-listing price-stabilisation activities within the prescribed 30-day period.

Listing Approval and Settlement Conditional approval has been sought from the Hong Kong Stock Exchange for the listing and dealings of: 1) the 14.72 million H-shares in the Global Offering; 2) any shares issued upon exercise of the Over-allotment and Offer Size Adjustment options; 3) shares issuable under the Pre-IPO Share Option Scheme; and 4) shares to be converted from unlisted stock.

Subject to fulfilment of listing conditions, the H-shares will be admitted into CCASS for clearing and settlement from the listing date.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10