MANYCORE TECH
00068 · HKEXMANYCORE TECH is a global leader in spatial intelligence services,dedicated to accelerating theintegration of artificial intelligenceinto the physical world.
IPO Timeline
- OpenApr 09
- CloseApr 13
- AllotmentApr 15
- PaymentApr 17
- ListingApr 17
Key Facts
Issue Price
HKD 7.62
Min Entry Fee
HKD 3,848.42
Shares Issued
161.00M
Lot Size
500
Total Raise
HKD 1226.8M
Estimated Market Cap
—
Public Allocation
10.0%
International Placement
90.0%
Business Overview
MANYCORE TECH is a global leader in spatial intelligence services,dedicated to accelerating theintegration of artificial intelligenceinto the physical world.
Use of Proceeds
1、Approximately 30.0% (or HK$307.2 million) will be used for implementing the international expansion strategy;
2、Approximately 20.0% (or HK$204.8 million) will be used to enhance the functionality of existing products and launch new products and/or features to meet the needs of real-world spaces and virtual environments;
3、Approximately 20.0% (or HK$204.8 million) will be used to support domestic sales and marketing activities and enhance brand awareness;
4、Approximately 20.0% (or HK$204.8 million) will be used to invest in core technologies and infrastructure;
5、Approximately 10.0% (or HK$102.4 million) will be used for working capital and general corporate purposes.
Sponsor Track Record
| Name | Past Deals | First Day Avg % | Break Rate % | 30-Day Avg % |
|---|---|---|---|---|
| 中金香港 | 28 | 12.4 | 21.4 | 8.6 |
| 中信里昂 | 19 | 9.7 | 26.3 | 5.1 |
| 建银国际 | 14 | 6.2 | 35.7 | 1.8 |
Baseline updated: 2026-04-15
Intermediaries & Documents
Sponsors
- J.P. Morgan Securities (Far East) Limited
- CCB International Capital Limited
Underwriters
- J.P. Morgan Securities (Asia Pacific) Limited
- CCB International Capital Limited
- ABC International Securities Co., Ltd.
- Bank of China International Asia Limited
- Futu Securities International (Hong Kong) Limited
Prospectus PDF
Prospectus PDF →Cornerstone Investors
- 泰康人寿保险有限责任公司
- 阳光人寿保险股份有限公司
- Redwood Elite Limited
- 广发基金管理有限公司
- 雾凇资本有限公司
- Mirae Asset Securities Co., Ltd.
- Hesai Hong Kong Limited
- 国惠(香港)控股有限公司
- 华营建筑集团控股有限公司
Total
0
39.5% of placement
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