WEIQIAO TEXTILE (02698) Launches IPO from October 31 to November 5, Offering 90.884 Million Shares Globally

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Oct 31

WEIQIAO TEXTILE (02698) has initiated its initial public offering (IPO) from October 31 to November 5, 2025, with plans to issue 90.884 million shares globally. The offering comprises 10% for the Hong Kong public subscription and 90% for international placement (subject to reallocation), along with a 15% over-allotment option. The price per share is set between HKD 24.2 and HKD 26.2, with each board lot consisting of 200 shares. Trading on the Hong Kong Stock Exchange is scheduled to commence at 9:00 AM (Hong Kong Time) on Monday, November 10, 2025.

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