<IPO>DAHON TECH Margin Oversubscription Soars to 6,688x, Poised to Set New Record in HK History
Folding bike company DAHON TECH (02543.HK) closed its public offering at noon yesterday (4th).A...
Folding bike company DAHON TECH (02543.HK) closed its public offering at noon yesterday (4th).
According to consolidated market data and broker figures, DAHON TECH received a margin of nearly HKD262.2 billion, representing a margin oversubscription of over 6,688 times based on the public offering portion raising up to around HKD39.204 million.
It is expected that DAHON TECH will surpass the previous record set by MOST KWAI CHUNG (01716.HK) in April 2018, which recorded an oversubscription of 6,288 times for its public offering.
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