Delton Tech Targets $423 Million in Hong Kong IPO
Delton Technology (Guangzhou) to Raise $423 Million in Hong Kong IPO
Delton Technology (Guangzhou), a leading manufacturer of high‑performance printed circuit boards, plans to raise up to $423 million by selling 46 million H‑shares in Hong Kong. The company has capped the maximum price per share at HK$71.88 according to its filing. Final pricing will be announced on March 19, with trading commencing the following day.
This move follows a surge of listings in Hong Kong after Lunar New Year, helping sustain the market’s robust start into 2026. In January alone, Hong Kong exchanges attracted roughly $5.5 billion in IPOs and secondary listings— the largest monthly haul since 2021, when $7.6 billion was raised.
Founded in 2002, Delton specializes in printed circuit boards used across data centers, cloud computing, AI, 5G communication, and automotive electronics— sectors where speed and frequency are paramount. By going public, Delton aims to broaden its investor base and fuel future growth.