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<IPO>HUAQIN's IPO Starts Tdy With Entry Fee HKD7,848.36; Xiaomi Among Cornerstone Investors
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HUAQIN (03296.HK), a full-stack intelligent product ODM platform, started its IPO today (15th). It will close at noon next Monday (20th), during which a total of 58.5482 million H-shares are intended to be offered globally, with about 10% for the Hong Kong public offering and about 90% for the international offering. With an offer price no more than HKD77.7 per share, this IPO aims to raise up to HKD4.55 billion. The entry fee for a board lot of 100 shares is HKD7,848.36. The shares are expected to be listed next Thursday (23rd). HUAQIN has introduced a number of cornerstone investors for its IPO, including Shanghai Gaoyi and CICC Financial Trading under CICC (03908.HK), New China Asset Management under NCI (01336.HK), Everbright Wealth under CEB BANK (06818.HK), KIL under KINGBOARD HLDG (00148.HK), OmniVision HK under OMNIVISION (00501.HK), and Green Better under XIAOMI-W (01810.HK). They will subscribe in aggregate for USD290 million. Auto-translated by AI AASTOCKS Financial News |
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