nvc lighting

The Shenzhen-listed company is seeking to tap into investor interest for new energy businesses, an appetite that appears to remain strong even in the current volatile markets.

The shares are priced at the low end of the range, but interest is strong enough to trigger a clawback, boosting the size of the retail tranche to 30%.

The offering attracts many “high-quality” investors from Hong Kong and mainland China during the first two days of bookbuilding, while Giti Tire decides to hold off on the launch of its planned IPO.