Delton Technology Surges 32% in Hong Kong Debut

Delton Technology Surges 32% in Hong Kong Debut

The Chinese printed circuit board manufacturer offered 46 million H-shares in the global offering.

The Hong Kong public offer was 1,070.72 times subscribed, with a final allocation of 4.6 million shares, representing 10% of the total offering.

The international offering was 14.64 times subscribed, with a final allocation of 41.4 million shares, or 90% of the total offering.

Cornerstone investors, including China Pinnacle Equity Management, Yuanfeng Asset Management, Shanghai Greenwoods, Greenwoods Asset Management Hong Kong, UBS Asset Management (Singapore), Value Partners, were allotted a combined 20.7 million shares, representing 44.94% of the global offering, according to the filing.