China's condiment giant HAITIAN FLAV (03288.HK) opened its IPO subscription yesterday (11th), which will last until the 16th. It plans to issue 260 million H-shares, with Hong Kong public offering accounting for 6%.

The offer price of this IPO ranges from HKD35 to HKD36.3, representing a discount of over 20% compared to HAITIAN FLAV's A-share (603288.SH) closing price in Shanghai on Tuesday. The company's maximum fundraising target is HKD9.56 billion, and the entry fee for a board lot of 100 shares is HKD3,666.6.

According to market data, HAITIAN FLAV's IPO has so far recorded around HKD125.992 billion in margin subscriptions, marking an oversubscription of about 219 times the initial public offering amount of HKD573 million.
(HK stocks quote is delayed for at least 15 mins.) (A Shares quote is delayed for at least 15 mins.)