Back    Zoom +    Zoom -
<IPO>TONGSHIFU (00664.HK) IPO Oversubscribed by 58.55x
Recommend
7
Positive
9
Negative
6
TONGSHIFU (00664.HK) announced its IPO results, with the Hong Kong public offering receiving 59.55 times of subscription. The one-lot (100 shares) success rate was 2.78%. After reallocation, the public offering shares increased to 1.111 million shares, accounting for 15% of the total offering.

The international offering was subscribed 1.56 times. The final offer price is set at $60, at the lower end of the pricing range, with net proceeds of $390 million. The shares are expected to be listed on Tuesday (31st).

Related News M Stanley: S&P 500 Adjustment Nearing End; 'Magnificent Seven' in US Stocks Very Attractive in Valuation

AASTOCKS Financial News
Website: www.aastocks.com