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Tuesday, 1 July 2025
Investing

Kanzhun Prices 34.5 Mln Shares HK$66 A Share

Kanzhun Prices 34.5 Mln Shares HK A Share

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The final proposal price for both Hong Kong public offering and international offering is prescribed as HK $ 66.00 per share.

Under approval from Hong Kong Limited’s Stock Exchange, the company’s class A simple shares are expected to start working on the main board of Hong Kong Stock Exchange on Friday, July 4, 2025.

Depending on the offer price, the net income from the share offer is estimated about HK $ 2,199.9 million (US $ 280.3 million).

Pure income will be used for technology and related infrastructure investments, development of new commercial initiatives, strategic acquisitions or investment opportunities and working capital and general corporate purposes.

The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.

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