PATEO Connect begins trading on the HKEX Main Board
PATEO Connect listed its H shares on the Hong Kong Stock Exchange under stock code 2889.
Evidence notes
- The global offering comprised 10,436,900 H shares priced at HK$102.23 each.
- Net listing proceeds were approximately RMB815 million, with 30% allocated to product and technology expansion and 30% to production, testing and validation capacity.
- The listed issuer is PATEO CONNECT Technology (Shanghai) Corporation, the automotive connectivity and electronics group established in Shanghai.