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<IPO>CHABAIDAO (02555.HK) Only Receives 0.5x Subscription for Public Offering
CHABAIDAO (02555.HK) announced its IPO results. The public offering just received 0.5x subscription, involving 7.3356 million shares. After reallocation, the public offer shares ac...
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<IPO>CHABAIDAO (02555.HK) Only Receives 0.5x Subscription for Public Offering
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CHABAIDAO (02555.HK)  +0.090 (+1.032%)    Short selling $185.93K; Ratio 5.886%   announced its IPO results. The public offering just received 0.5x subscription, involving 7.3356 million shares. After reallocation, the public offer shares accounted for 4.96% of the total offer.

The final offer price was $17.5, raising net proceeds of $2.463 billion.

Related NewsCCBI Expects HSI to Fluctuate Around 22,000 in ST, Calls for Range Trading Strategy
CHABAIDAO, a mainland-based tea beverage company, offered 148 million shares globally, with the Hong Kong public offering originally accounting for 10% of the total, at an offer price of $17.5 per share. Each board lot contains 200 shares. The sole sponsor is CICC. The shares are expected to be listed on Tuesday (23 Apr).

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)

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