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<IPO>BUTONG GROUP (06090.HK) Margin Oversubscribed by 16.4x So Far

BUTONG GROUP (06090.HK), which operates the maternal and infant brand BeBeBus, entered the secon...

BUTONG GROUP (06090.HK), which operates the maternal and infant brand BeBeBus, entered the second day of its IPO subscription period. According to market data, as of 9:30 this morning, various brokers lent margin financing totaling nearly HKD1.4 billion.

With the public offering portion expected to raise a maximum of approximately HKD78.1847 million, the IPO has so far been oversubscribed by about 16.4 times. BUTONG GROUP's IPO period will end at noon on Thursday (18th), and it is expected to be listed next Tuesday (23rd).
(HK stocks quote is delayed for at least 15 mins.)

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