Delton Tech Targets $423 Million in Hong Kong IPO

Delton Technology (Guangzhou) plans to raise up to $423 million by selling 46 million H‑shares in Hong Kong. The maximum price per share is set at HK$71. 88, according to the company’s filing. The final pricing will be announced on March 19 and trading will start the next day. The move comes as a wave of firms are listing in Hong Kong after the Lunar New Year, keeping the market’s strong start into 2026. In January alone, Hong Kong’s exchanges attracted about $5. 5 billion in IPOs and secondary listings – the biggest monthly haul since 2021, when $7. 6 billion was raised.Delton, founded in 2002, specialises in high‑performance printed circuit boards. Its products serve data centres, cloud computing, AI, 5G communication and automotive electronics, where speed and frequency are critical. With this offering the company seeks to broaden its investor base and support future growth.