Higashiyama Seimitsu will be listed on the Hong Kong Stock Exchange on Wednesday. Higashiyama Precision issued 113.8 million shares at HK$8.68 per share. The price was lower than the upper limit of the offering price range, a discount of about 35% from the closing price of its A-shares listed in Shenzhen on the previous trading day. The amount of financing of HK$9.9 billion is less than half of the $3 billion it initially sought. The stock fell 12% during Tuesday's undermarket trading.

Higashiyama Seimitsu will be listed on the Hong Kong Stock Exchange on Wednesday. Higashiyama Precision issued 113.8 million shares at HK$8.68 per share. The price was lower than the upper limit of the offering price range, a discount of about 35% from the closing price of its A-shares listed in Shenzhen on the previous trading day. The amount of financing of HK$9.9 billion is less than half of the $3 billion it initially sought. The stock fell 12% during Tuesday's undermarket trading.