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Ligent Technologies shares jump 19% in Hong Kong IPO debut

Ligent shares jump as much as 19.2% on Hong Kong debut

2 Sep 21 9:54 PM · 2d ago · 1 article · 1 source · development 2 of 3

Shares hit a high of HK$39.3, up from the HK$32.96 offer price, giving Ligent a market value of about HK$32.4 billion; the Hang Seng and Hang Seng Tech indices also rose. The public offering was 35.16 times subscribed and the international tranche 4.67 times subscribed.

Ligent shares jump as much as 19.2% on Hong Kong debut
asia.nikkei.com

Ligent Technologies Chinese optical transceiver and AI networking equipment makerYu Zhitao Chairman and non-executive director of LigentHisense Group Holding Parent/controlling shareholder of LigentKe Yan Head of research, Shenton Research

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1Ligent prices $727 million Hong Kong IPO…2Ligent shares jump as much as 19.2% on…3Analyst flags valuation risk across AI…
Sep 22yesterdaynow · 4:45 AM ET

What was reported 1 claim about this development

  1. 1 outlet Ligent Technologies jumps in Hong Kong debut, outpacing key indices

    first by Channel News Asia, 2d ago

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