Business2 sources
Dongshan Precision IPO Sees Sharp Drop in Hong Kong Debut
- Dongshan Precision Manufacturing Co. raised HK$9.9 billion ($1.26 billion) in its Hong Kong IPO.
- Shares dropped significantly in the company's trading debut.
- The company is a key supplier of circuit boards for AI servers.
- Investor sentiment was affected by the broader sell-off in China's AI and tech hardware sectors.
- Dongshan Precision is based in Suzhou, China.
Articles (4)
South China Morning Post·
Chinese circuit board firm Dongshan Precision plunges at Hong Kong debut
Bloomberg·
Dongshan Precision Set to Debut After $1.3 Billion HK Listing
Dongshan Precision Slips in Debut After $1.3 Billion HK Listing
Chinese PCB Maker Dongshan Raises $1.3 Billion in HK Listing