Core Viewpoint - Wallen Technology, the first GPU stock in Hong Kong, has seen strong subscription response with an oversubscription of 2363 times during its offering period [1] Group 1: IPO Details - Wallen Technology (stock code: 06082.HK) set its H-share issuance price at HKD 19.60 per share, raising a total of HKD 48.55 billion, marking the largest IPO since the implementation of Chapter 18C of Hong Kong's listing rules [1] - The company is expected to begin trading on the Hong Kong Stock Exchange on January 2, 2026, making it the first new stock listed in Hong Kong for the new year [1] - CICC, Ping An Securities (Hong Kong), and Bank of China International are serving as joint sponsors for the IPO [1] Group 2: Market Position and Product Pipeline - As the first GPU stock in Hong Kong, Wallen Technology fills a gap in the AI computing hardware sector within the Hong Kong market [1] - As of December 15, Wallen Technology has approximately RMB 1.241 billion in orders, indicating a clear growth trajectory for future performance [1] - The BR166 product is expected to achieve commercialization in the second half of 2025, while the BR20X series chips are planned for commercialization in 2026, with further new generation products like BR30X in the pipeline, showcasing the company's capability for continuous iteration and growth [1]
超额认购超2300倍！“港股GPU第一股”壁仞科技定价19.60港元/股，成18c以来最大IPO