China's MeiG Smart Technology seeks to raise $129 million in Hong Kong listing

SelfRugger · 2026-04-10T10:40:05+00:00

MeiG Smart Technology from China aims to raise up to $129 million through a Hong Kong listing by offering 35 million shares priced at a maximum of HK$28.86 each.

SelfRugger

2026-04-10 10:40:05

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China’s MeiG Smart Technology seeks to raise $129 million in Hong Kong listing

Reuters

Fri, February 27, 2026 at 7:25 AM GMT+9

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Feb 27 (Reuters) - China’s MeiG Smart ‌Technology is ‌looking to raise as much as HK$1.01 billion ($129.1 million) in its ‌Hong ⁠Kong listing, according to an ⁠exchange filing on Friday.

The Shenzhen-based company, which provides ‌wireless data terminals for IoT devices, is offering 35 million shares ‌at a maximum price of HK$28.86 ‌a piece.

($1 = 7.8227 Hong Kong dollars)

(Reporting by Sameer Manekar ‌in Bengaluru; Editing by Varun H K)

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