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<IPO>LIULIUMEI (06658.HK) Starts IPO Today; Entry Fee HKD4,401.96
LIULIUMEI (06658.HK) announced details of its IPO, proposing to offer 11.4641 million H shares globally, with about 10% for the Hong Kong public offering and about 90% for the inte...
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<IPO>LIULIUMEI (06658.HK) Starts IPO Today; Entry Fee HKD4,401.96
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LIULIUMEI (06658.HK) announced details of its IPO, proposing to offer 11.4641 million H shares globally, with about 10% for the Hong Kong public offering and about 90% for the international offering. The offer price is HKD43.58 per share.

Based on a board lot of 100 shares, the entry fee is HKD4,401.96. The stock starts its IPO today (5th) and will close at noon next Wednesday (10th). It is expected to list on June 15. The joint sponsors are CITIC Securities and Guoyuan International.

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The company introduced Fanchang Revitalization and others as cornerstone investors for the listing, subscribing to shares worth approximately HKD148 million in total.

The IPO is expected to raise net proceeds of approximately HKD440 million. LIULIUMEI is a fruit snack company focusing on green plum products. According to Frost & Sullivan, in 2024 the company ranked first in retail sales within China’s fruit snack industry, with a market share of 4.9%. It also ranked sixth in China’s jelly industry by retail sales, with a market share of 2.9%.
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