<IPO>CN Electromechanical Parts Provider ZHAOWEI (02692.HK) Begins IPO Tdy; Entry Fee $7,442.3

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<IPO>CN Electromechanical Parts Provider ZHAOWEI (02692.HK) Begins IPO Tdy; Entry Fee $7,442.3

ZHAOWEI (02692.HK), the No. 1 provider of integrated micro transmission and drive system products in China, announced its plan to list on the main board in Hong Kong, planning to o...

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<IPO>CN Electromechanical Parts Provider ZHAOWEI (02692.HK) Begins IPO Tdy; Entry Fee $7,442.3

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ZHAOWEI (02692.HK) -5.750 (-9.141%) , the No. 1 provider of integrated micro transmission and drive system products in China, announced its plan to list on the main board in Hong Kong, planning to offer 26.75 million shares, with 10% for public offering. The offer price is set at $73.68 per share, and the entry fee for a board lot of 100 shares is around $7,442.3.

The offering period starts today (27th) and will end on 4 March, with the shares expected to commence trading on the Stock Exchange on 9 March. CITIC Securities is its overall coordinator, joint global coordinator and joint bookrunner.
(HK stocks quote is delayed for at least 15 mins.)

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