Rui Technology seeks to raise 608 million Hong Kong dollars through an IPO in Hong Kong.

According to the documents submitted to the Hong Kong Stock Exchange, Xiamen Ruifor Information Technology Co., Ltd. plans to issue 28.1 million shares at a price of HK$21.66 per share for its listing on the Hong Kong Stock Exchange. The company is expected to raise HK$608 million. It is anticipated to be listed on July 8th. Huatai International, China Construction Bank International, and Agricultural Bank of China International are the joint sponsors.