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<IPO>CATL Margin Oversubscription 55x+ Temporarily; IPO To Close at Noon Tmr
The IPO period for the recent focus IPO, CATL (03750.HK), will be closed at noon tomorrow (15th). As of about 9:00 am this morning, margin received by CATL's IPO increased to $...
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<IPO>CATL Margin Oversubscription 55x+ Temporarily; IPO To Close at Noon Tmr
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The IPO period for the recent focus IPO, CATL (03750.HK), will be closed at noon tomorrow (15th).

As of about 9:00 am this morning, margin received by CATL's IPO increased to $131.13 billion, representing an expansion of margin oversubscription to nearly 55.4 times based on the public offering portion raising $2.325 billion, according to the consolidated broker data.

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CATL will offer nearly 118 million H shares globally at an offer price of up to $263 per share, raising up to about $31 billion. It is expected to announce the results of the IPO next Monday (19th), with the listing of shares expected for next Tuesday (20th).
(HK stocks quote is delayed for at least 15 mins.)

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