Chengdu-founded Shenzhen-listed Tianqi Lithium has started its Hong Kong initial public offering on 30 June. It is going to be listed at HK Stock Exchange on 13 July. Tianqi Lithium plans to sell over 164.12 million H shares, of which 90% are international offerings, 10% are public offerings, and 15% are over-allotment options. The offering price per share ranges from HKD 69-82 ($8.79-10.45), with 200 shares per lot, raising a maximum of HKD 13.458 billion. It is said that, as of the first day of offering, the proportion of international offerings has been fully subscribed. Several industry competitors or partners also joined this round of financing, including Chinese leading lithium-ion battery company CALB, South Korean leading new energy company LG Chem, and mining giant Zijin Mining, Kallanish learns. In the future, it will continue to prepare for lithium technology and product research and development. It is expected that Tianqi Lithium will become a better company after its listing in Hong Kong, a more international company with expanded global customer base.
Chengdu-founded Shenzhen-listed Tianqi Lithium has started its Hong Kong initial public offering on 30 June. It is going to be listed at HK Stock Exchange on 13 July. Tianqi Lithium plans to sell over 164.12 million H shares, of which 90% are international offerings, 10% are public offerings, and 15% are over-allotment options. The offering price per share ranges from HKD 69-82 ($8.79-10.45), with 200 shares per lot, raising a maximum of HKD 13.458 billion. It is said that, as of the first day of offering, the proportion of international offerings has been fully subscribed. Several industry competitors or partners also joined this round of financing, including Chinese leading lithium-ion battery company CALB, South Korean leading new energy company LG Chem, and mining giant Zijin Mining, Kallanish learns. In the future, it will continue to prepare for lithium technology and product research and development. It is expected that Tianqi Lithium will become a better company after its listing in Hong Kong, a more international company with expanded global customer base.
