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Suzhou Novosense Microelectronics Partially Exercises Over-Allotment Option After Hong Kong IPO

Story Highlights
  • Suzhou Novosense partially exercised its over-allotment option, issuing 1,026,600 H shares at HK$116 each.
  • The IPO stabilization period has ended, and the new over-allotment shares will begin trading on 7 January 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suzhou Novosense Microelectronics Partially Exercises Over-Allotment Option After Hong Kong IPO

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Suzhou Novosense Microlectronics Co. Ltd. Class H ( (HK:2676) ) has issued an announcement.

Suzhou Novosense Microelectronics announced that the over-allotment option linked to its global offering has been partially exercised, resulting in the issue and allotment of 1,026,600 additional H shares, or about 5.38% of the initial offer size, at HK$116.00 per share, the same price as the original offer. The company also confirmed that the stabilization period for its Hong Kong listing has ended and that approval has been granted for the new shares to begin trading on the Main Board of the Hong Kong Stock Exchange on 7 January 2026, signaling the completion of post-IPO stabilization activities and a modest expansion of its free float for investors.

More about Suzhou Novosense Microlectronics Co. Ltd. Class H

Suzhou Novosense Microelectronics Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong, focusing on the design and production of microelectronics components. Its H shares trade on the Main Board of the Stock Exchange of Hong Kong under stock code 2676, giving it access to international capital markets through a global offering structure.

Average Trading Volume: 304,498

Current Market Cap: HK$25.11B

Learn more about 2676 stock on TipRanks’ Stock Analysis page.

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