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<IPO>Real-time Data Firm XUNCE IPO Starts Tdy; Yu Feng/ SINOMEDIA Among 9 Cornerstone Investors
XUNCE (03317.HK), a real-time data infrastructure and analytics solutions provider, has announced its IPO in Hong Kong.The company offers 22.5 million H-shares globally, with the H...
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<IPO>Real-time Data Firm XUNCE IPO Starts Tdy; Yu Feng/ SINOMEDIA Among 9 Cornerstone Investors
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XUNCE (03317.HK)  -4.700 (-2.313%)   , a real-time data infrastructure and analytics solutions provider, has announced its IPO in Hong Kong.

The company offers 22.5 million H-shares globally, with the Hong Kong public offering accounting for 10% (2.25 million shares) and the international offering for 90% (20.25 million shares).

Related News XunCe (03317.HK) Surged 28% to Record High, Earnings to Be Announced After Market Close
The offer price ranges from HKD48 to HKD55 per share, aiming to raise up to around HKD1.238 billion. The entry fee for a board lot of 100 shares will be around HKD5,555.47. The IPO period starts today (18th) and ends next Tuesday (23rd), with the listing expected on December 30.

XUNCE has introduced nine cornerstone investors for this IPO, including SINOMEDIA (0623.HK), Yunfeng Investments controlled by YF Capital co-founder Yu Feng, Factorial Master Fund, and Joy Mobile. They collectively subscribed for shares worth around USD39.57 million.
(HK stocks quote is delayed for at least 15 mins.)

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