EconomySuzhou Dongshan’s US$1.8 billion Hong Kong IPO falls short of expectations

Suzhou Dongshan Precision Manufacturing raised less than expected in its Hong Kong IPO. Analysts cited investor concerns about possible US trade restrictions on its optical modules business and the city’s cautious appetite for mega listings. The company has opened orders for 113.7 million shares, priced at up to HK$93.80 each; its prospectus says 20 cornerstone investors have agreed to participate.

Hong Kong IPOSuzhou Dongshantrade risks

SSouth China Morning Post★★☆☆☆2026-10-20 08:37Original