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<IPO>NANHUA FUTURES (02691.HK) IPO Starts Tdy w/ Entry Fee ~$8,080.7
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NANHUA FUTURES (02691.HK) is launching its IPO in Hong Kong, planning to offer approx. 108 million H-shares globally, with the Hong Kong public offering accounting for about 10% (10.766 million shares) and the international placement for about 90% (96.893 million shares).

The offer price ranges from $12 to $16 per share, aiming raise up to approx. $1.723 billion. The entry fee for a board lot of 500 shares will be around $8,080.68.

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NANHUA FUTURES (603093.SH)'s A-shares are already listed on the Shanghai Stock Exchange (SSE). The H-share IPO period starts today (12th), and will end next Wednesday (17th), with the listing expected on the Monday after next (22nd). CITIC Securities is its sole sponsor.
AASTOCKS Financial News
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