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<IPO>BUSYMING Margin Subscription Amt Rises to ~$510B, Oversubscribed 1,527x
Recommend 16 Positive 14 Negative 19 |
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The IPO period for chain snack retailer BUSYMING (01768.HK) concluded at noon today (23rd). BUSYMING's IPO received a margin of nearly $509.9 billion from various brokers, representing an oversubscription of 1,527.2 times based on the public offering portion raising approx. $334 million, according to consolidated market data. BUSYMING introduced eight cornerstone investors for its Hong Kong IPO, including TENCENT (00700.HK) and Springs Capital (Hong Kong), collectively subscribing for shares equivalent to approx. US$195 million. AASTOCKS Financial News Website: www.aastocks.com |
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