<IPO>JST GROUP (06687.HK) Margin Oversubscription 31x+ Temporarily
Chinese e-commerce SaaS ERP provider, JST GROUP (06687.HK), commenced its IPO in Hong Kong yest...
Chinese e-commerce SaaS ERP provider, JST GROUP (06687.HK), commenced its IPO in Hong Kong yesterday (13th). According to market data, as of this morning, JST GROUP received a total margin of approx. $6.75 billion from brokers. Based on the public offering raising nearly $209 million, the margin was oversubscribed by around 31.4 times.
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