Dingtech High-Tech (01377) IPO Subscriptions Close with 685.3 Billion HKD Margin Financing, 141.76x Oversubscription

According to Zhitong Finance, subscriptions for Dingtech High-Tech (01377) closed on July 6, with margin financing from brokers including Futu, Hugh Interactive, and Tiger Securities totaling 685.31 billion Hong Kong dollars. Based on the fund-raising target of 480.02 million Hong Kong dollars, the subscription was oversubscribed 141.76 times.

The company plans to issue 12.632 million H shares at an offering price of 380 Hong Kong dollars per share. Share trading is expected to commence on the Hong Kong Stock Exchange on July 9, with 10% allocated to Hong Kong public offering and 90% to international placement.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments