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).Related NewsCiti Expects HKEX (00388.HK) 1Q NP to Rise 16% YoY, Keeps Buy RatingHUAQIN has introduced a number of cornerstone investors for its IPO, including Shanghai Gaoyi and CICC Financial Trading under CICC (03908.HK) -0.160 (-0.801%) Short selling $20.17M; Ratio 7.378% , New China Asset Management under NCI (01336.HK) -0.050 (-0.099%) Short selling $229.74M; Ratio 26.139% , Everbright Wealth under CEB BANK (06818.HK) -0.050 (-1.563%) Short selling $10.56M; Ratio 35.085% , KIL under KINGBOARD HLDG (00148.HK) +1.340 (+3.363%) Short selling $21.16M; Ratio 5.227% , OmniVision HK under OMNIVISION (00501.HK) -1.550 (-1.935%) , and Green Better under XIAOMI-W (01810.HK) -0.060 (-0.187%) Short selling $719.82M; Ratio 19.050% . They will subscribe in aggregate for USD290 million.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-17 16:25.)
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