DEEPZERO’s Hong Kong IPO: Key Details for Investors

The shares are split between two investor groups:

• Hong Kong public offering: 10% of shares
• International offering: 90% of shares

This 10/90 structure is standard for Hong Kong IPOs, with the international tranche primarily targeting institutional investors while the public tranche is open to retail applicants.

Offer price range

The indicative price range for the offering is:

• HK$43.50 to HK$55.50 per H share

Based on the midpoint of HK$49.50, the offering implies approximately HK$449 million in gross proceeds before underwriting fees and other listing expenses.

Board lot size and minimum investment

DEEPZERO’s shares will be traded in board lots of 100 shares.

At the top end of the price range, the minimum application amount is about HK$5,605.97, which includes brokerage and regulatory transaction levies typically required in Hong Kong IPO subscriptions.

Company background

Beijing DeepZero Technology provides decision‑AI technology primarily focused on marketing and data‑driven optimization. The company filed its prospectus with the Hong Kong Stock Exchange as part of its plan to expand funding sources and support growth in AI-driven marketing solutions.

Why investors are watching this IPO

DEEPZERO’s listing arrives during a period when artificial‑intelligence companies from mainland China are increasingly turning to Hong Kong’s capital markets. While the offering size is modest compared with larger technology listings, investor interest is tied to the broader momentum around AI commercialization in marketing and enterprise decision systems.

For investors, the key variables to watch ahead of the listing include final pricing within the indicated range, demand levels in the international tranche, and the company’s post‑IPO valuation relative to other AI‑focused firms in the region.