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Rongta Tech IPO Oversubscribed 16×: HK$10–12 Entry into a US$90 B AIDC Market—Expect 20–30% First-Day Surge

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June 8, 2025

1. IPO Details Purpose of IPO Rongta is offering 18.40 million H-shares (16.56 M via international placement; 1.84 M public Hong Kong tranche). IPO proceeds (~HK$148 million at assumed mid-price) will be allocated to: 36.5% for expanding product...

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Tag: CipherLab

Rongta Tech IPO Oversubscribed 16×: HK$10–12 Entry into a US$90 B AIDC Market—Expect 20–30% First-Day Surge

Rongta Tech IPO Oversubscribed 16×: HK$10–12 Entry into a US$90 B AIDC Market—Expect 20–30% First-Day Surge