Sinnovation Ventures: Hong Kong public offering was oversubscribed by 5934.56 times, raising approximately 995.4 million Hong Kong dollars worldwide.

The app of Wisdom Finance and Economics, Xiangong Intelligence (06106.HK) announced the distribution results, with a total of 10.4973 million H shares offered globally, of which 20% were publicly offered in Hong Kong and 80% were internationally offered. The offering price per share is 101.6 Hong Kong dollars, with a net fundraising of approximately 995.4 million Hong Kong dollars through global offering. Each lot contains 50 shares, and it is expected that the H shares will start trading on the Hong Kong Stock Exchange at 9:00 am on Wednesday, June 24, 2026 (Hong Kong time).