<IPO>XJ ELECTRICS (02619.HK) IPO Starts Tdy; Entry Fee HKD3,384
XJ ELECTRICS (02619.HK), a Chinese household goods manufacturer, announced the details of its IP...
XJ ELECTRICS (02619.HK), a Chinese household goods manufacturer, announced the details of its IPO. It proposed to offer 68.22 million H-shares globally, with Hong Kong public offering accounting for 10% (6.822 million shares) and international offering accounting for 90% (61.398 million shares).
With the offer price ranging from HKD2.86 to HKD3.35 per share, the IPO can raise up to around HKD229 million. The entry fee for a board lot of 1,000 shares would be around HKD3,383.79.
XJ ELECTRICS's IPO will commence today (17th) and close this Friday (20th). Its shares are expected to be listed on the Main Board of the Hong Kong Stock Exchange on June 25.
(HK stocks quote is delayed for at least 15 mins.)
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