<IPO>Jin Jiang Hotels Plans to Issue H-Shrs for HK IPO to Fund Overseas Expansion & Debt Repayment
Jin Jiang Hotels, China&#39;s leading hotel enterprise, has announced that it intends to issue H...
Jin Jiang Hotels, China's leading hotel enterprise, has announced that it intends to issue H-shares and initiate an IPO on the main board of HKEX (00388.HK) . The funds raised will be used for expanding overseas operations, repaying bank loans, and supplementing working capital.
Jin Jiang Hotels plans to issue H-shares not exceeding 15% of the total share capital post-issuance (before exercising the over-allotment option) and has authorized the global coordinator to exercise an over-allotment option of up to 15% of the aforementioned issued H-shares.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-04 16:25.)
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