Oct 23, 2026
Dongshan Precision retail IPO undersubscribed as Hong Kong mega listing flops: sources
Chinese printed circuit board maker Suzhou Dongshan Precision Manufacturing Co failed to excite retail investors in Hong Kong, making it one of the least popular mega initial public offerings (IPOs) in the city so far this year.
Bookbuilding closed as scheduled on Friday, with preliminary figures showing the public offering has been undersubscribed with fewer than 10,000 applicants, according to people familiar with the matter.
Dongshan Precision is seeking to raise as much as HK$10.7 billion...