Core Viewpoint - Longqi Technology's stock performance has been declining since its listing, with significant price drops in both Hong Kong and A-share markets, indicating potential investor concerns and market volatility [1][2]. Group 1: Stock Performance - Longqi Technology's Hong Kong stock closed at HKD 31.00, down 0.322%, with an intraday low of HKD 29.90, marking a new low since its listing [1]. - The A-share price closed at CNY 46.95, reflecting a decline of 5% [1]. Group 2: Pricing and Discounts - As of January 26, the Hong Kong stock price was approximately 41.08% lower than the A-share price [2]. - The final offering price for Longqi Technology was set at HKD 31.00, with total proceeds amounting to HKD 1,620.0 million, and net proceeds after expenses of HKD 1,519.9 million [3]. Group 3: Fundraising and Use of Proceeds - Longqi Technology plans to use the funds raised for various projects, including the Huizhou smart hardware manufacturing project, Nanchang smart hardware manufacturing center renovation, and Shanghai R&D center upgrades [3]. - The total amount raised from the A-share issuance was CNY 156,000.00 million, with a net amount of CNY 144,067.93 million [3].
龙旗科技港股发行价较A股折价超4成仍破发 募16亿港元