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DEEPEXI TECH Oversubscribed by 7,590x, 2nd Highest in HK History: Report

Four new stocks closed their IPOs today (23rd). DEEPEXI TECH (01384.HK) is reported to have att...

Four new stocks closed their IPOs today (23rd). DEEPEXI TECH (01384.HK) is reported to have attracted around 239,000 retail investors, bringing its public offering oversubscription to 7,590 times, involving HKD272.1 billion.

DEEPEXI TECH has overtaken DAHON TECH (02543.HK) , which went public this September, to become the second-highest oversubscribed IPO in Hong Kong's history.

It is also reported that SANY HEAVY IND (06031.HK) (600031.SH) , achieving an "A+H" listing, attracted about 116,000 retail investors, with the public offering oversubscribed by 53 times, involving HKD66.3 billion.

CIG (06166.HK) (603083.SH) , another company already listed in Mainland China, attracted around 208,000 investors, with the public offering oversubscribed by 340 times, involving HKD158.6 billion. BAMA TEA (06980.HK) recorded an oversubscription of 2,684 times by 169,000 investors.
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