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<IPO>JINYAN KAOLIN (02693.HK) IPO from Today with Entry Fee of HKD3,686.82
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JINYAN KAOLIN (02693.HK), a Chinese company specializing in coal-based kaolin, announced its IPO plan in Hong Kong. The company will globally offer 24.3 million H shares, with 10% allocated for the Hong Kong public offering and 90% for international placement. The offer price was set at HKD7.3 per share, with an expected maximum fundraising of approximately HKD177 million. Entry fee for one board lot (500 shares) was about HKD3,686.82. The offering period starts today (November 25) and will end on Friday (November 28), with the listing anticipated next Wednesday (December 3). Guoyuan Capital (Hong Kong) Limited and CMBC International Capital Limited are the joint sponsors. AASTOCKS Financial News Website: www.aastocks.com |
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