<IPO>FIBOCOM (00638.HK) Margin Oversubscription 19x+ Temporarily
Wireless communication module provider, FIBOCOM (00638.HK)(300638.SZ), is in its second day o...
Wireless communication module provider, FIBOCOM (00638.HK)(300638.SZ) , is in its second day of the IPO period.
As of around 9:30 am today (9th), FIBOCOM's total margin amount from brokers was approx. $5.934 billion, according to market data. Based on its public offering portion of over $290 million, the margin oversubscription was about 19.4 times.
FIBOCOM's IPO period will end at noon this Friday (17th), with the listing expected next Wednesday (22nd). CITIC Securities is its sole sponsor.
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