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- Dongshan Precision completes HK$9.88 billion Hong Kong listing
Dongshan Precision began trading in Hong Kong on October 28 at HK$82.4 per share, giving it an initial market capitalization of about HK$160 billion and completing its A+H listing structure. The H-share offer was priced at HK$86.8 and raised HK$9.876 billion; shares closed at HK$86.15 on debut before falling to HK$78 by October 30. The company reported first-nine-month revenue of RMB45.379 billion and attributable net profit of RMB5.289 billion, with optical-module growth and the consolidation of Source Photonics and GMD contributing to the increase.
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