<IPO>ETERNAL BEAUTY 8% Below Offer Price in Early Session; Public Offering 34.8x Oversubscribed
Perfume brand distributor ETERNAL BEAUTY (06883.HK) made its debut on the stock market this mornin...
Perfume brand distributor ETERNAL BEAUTY (06883.HK) made its debut on the stock market this morning (26th).
The company announced that its public offering recorded an oversubscription of 34.84 times, triggering the clawback mechanism and increasing the public offering portion to 30%. The international offering recorded an oversubscription of 2.5 times.
ETERNAL BEAUTY last traded at HKD2.64, down 8.3% from the offer price of HKD2.88, with a turnover of HKD209 million.
(HK stocks quote is delayed for at least 15 mins.)
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