The Aporia
Chan, Z. S. (2026, October 28). Chinese circuit board firm Dongshan Precision plunges at Hong Kong debut. South China Morning Post. https://www.scmp.com/business/companies/article/3372364/chinese-circuit-board-firm-dongshan-precision-plunges-hong-kong-debut
Chan, Zoe SL. “Chinese circuit board firm Dongshan Precision plunges at Hong Kong debut.” South China Morning Post, 28 Oct. 2026, https://www.scmp.com/business/companies/article/3372364/chinese-circuit-board-firm-dongshan-precision-plunges-hong-kong-debut.
Chan, Zoe SL. “Chinese circuit board firm Dongshan Precision plunges at Hong Kong debut.” South China Morning Post, October 28, 2026. https://www.scmp.com/business/companies/article/3372364/chinese-circuit-board-firm-dongshan-precision-plunges-hong-kong-debut.
Dated from the outlet's own feed. Check the original for its byline.
Dongshan Precision Manufacturing, a Chinese circuit board firm based in Suzhou, saw its initial public offering (IPO) debut plunge on Wednesday in Hong Kong. Despite raising US$1.26 billion, shares dropped by up to 6% immediately after the market opened, reflecting investor caution amid broader concerns about tech hardware and AI sectors. The company priced 113.8 million shares at HK$86.80 each, which was a 7.5% discount from its indicative maximum price but still a significant offering. By mid-morning, the share price had recovered slightly to fall by 4.6%. Dongshan Precision is a key supplier of components for AI servers, indicating that broader market sentiment towards tech hardware has affected investor confidence in the company's prospects.