Fast Innovation (03355.HK) Hong Kong Public Offering Receives 1579.71x Subscription; Listing on March 23

NightAirdropper · 2026-03-24T01:05:36+00:00

Inspur Innovation Plan's global offering of 40 million H shares at an issue price of HK$41.60, raising approximately HK$1.559 billion in net proceeds. The Hong Kong public offering was oversubscribed by 1,579.71 times, and the international offering was oversubscribed by 10.92 times. The shares are expected to begin trading on the Stock Exchange on March 23, 2026.

NightAirdropper

2026-03-24 01:05:36

Abstract generation in progress

Gelonghui March 20 — Feishu Innovation (03355.HK) announced that the company will issue 40,000,000 H-shares globally at HKD 41.60 per share, with net proceeds of HKD 1.559 billion. The number of shares offered in the Hong Kong public offering accounts for 10.00% of the global offering, with a subscription of 1,579.71 times; the international offering accounts for 90.00% of the global offering, with a subscription of 10.92 times.

Assuming the Hong Kong public offering becomes unconditional in Hong Kong at or before 8:00 a.m. on March 23, 2026 (Monday), the shares are expected to commence trading at 9:00 a.m. on March 23, 2026 (Monday) on the Stock Exchange of Hong Kong. Shares will be traded in lots of 100 shares per lot, with the stock code 3355.

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