Shenzhen-listed Delton Technology (Guangzhou) seeks up to US$423 million in Hong Kong listing

Shenzhen-listed Delton Technology (Guangzhou) is seeking to raise up to HK$3.31 billion through a Hong Kong listing, according to an exchange filing on Thursday.

The printed circuit board maker is offering 46 million H shares at a maximum offer price of HK$71.88 each, the filing showed.

Final pricing for the listing is scheduled for March 19, with the shares set to begin trading the following day, according to the exchange filing.

Delton’s offering comes as a string of companies move to list in Hong Kong following the Lunar New Year break, extending a brisk start to share launches in 2026.

Hong Kong’s stock market has logged its strongest start to a year since 2021, with initial public offerings and secondary listings raising about US$5.5 billion in January, the highest for the month since US$7.6 billion was raised in January 2021, according to data compiled by LSEG in February.

Established in 2002, Delton makes high-end printed circuit boards, including high-speed and high-frequency products used in data centers, cloud computing, artificial intelligence, 5G communications, and automotive electronics.

Reuters