6 firms open Hong Kong deals worth up to HK$19.8 billion

Six companies opened share offerings in Hong Kong on Wednesday, aiming to raise as much as a combined HK$19.8 billion as issuers race to complete deals before the first half ends. Shenzhen-listed precision-parts maker Lingyi iTech accounts for the biggest sale, targeting up to HK$8.3 billion. Chip designer SG Micro Corp is seeking up to HK$4.6 billion, while Circuit Fabology Microelectronics Equipment is looking to raise as much as HK$3.2 billion. Indonesian miner Merdeka Gold Resources plans up to HK$2.39 billion through depositary receipts. AI company Beijing Zhongke WengeAI Science and Technology and parking-systems provider Keytop Parking are also in the market. LSEG data showed Hong Kong IPOs and second listings had raised US$21.5 billion in 2026 through June 11, more than double a year earlier.