Transwarp Technology's H-shares open flat on debut, eligible for Stock Connect from day one
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Transwarp Technology (星环科技) began trading its H-shares on the Hong Kong Stock Exchange on September 21, opening flat at HK$49 per share. The company globally offered 14.0108 million H-shares, with 20% for the Hong Kong public offering and 80% for international placement. The IPO price was HK$49 per share, raising net proceeds of approximately HK$629 million. Two cornerstone investors participated, including ElectronicChannelLimited (a subsidiary of Inspur Information). The company is described as one of China's first firms focused on AI and big data. Additionally, the Shanghai Stock Exchange announced on September 18 that Transwarp Technology's H-shares would be added to the list of eligible stocks under the Shanghai-Hong Kong Stock Connect, effective from September 21, allowing mainland investors to trade the stock on its first day of listing. The report is sourced from First Financial.
Source report
9月21日，星环科技H股在港交所上市首日平开，报49港元。
根据星环科技公布的配发结果，公司全球发售1401.08万股H股，其中香港公开发售占20%，国际发售占80%。每股发售价为49港元，全球发售净筹资金约6.29亿港元。
本次发行引入两名基石投资者，包括ElectronicChannelLimited（浪潮信息）。
招股书显示，星环科技是中国首批专注于人工智能与大数据领域的科技企业之一。
此外，9月18日，上交所发布沪港通下港股通标的调整通知，星环科技H股获调入沪港通下的港股通标的名单，自9月21日起生效，上市首日即可纳入港股通。
（文章来源：第一财经）
Source
东方财富网-A股公司Eastern
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Transwarp Technology debuts on HKEX, joins Stock Connect on first trading day