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<IPO>SHOUGANG LANZA Margin Oversubscribed by 1.5x For Now

SHOUGANG LANZA (02553.HK), a company specializing in carbon capture, utilization and storage (C...

SHOUGANG LANZA (02553.HK), a company specializing in carbon capture, utilization and storage (CCUS), published supplementary information for its IPO. The IPO re-started yesterday (7th), and will continue until this Thursday (10th), with listing expected on next Tuesday (15th).

As of around 9 am this morning, various brokers collectively lent margin of approx. $95.51 million for SHOUGANG LANZA's IPO, according to consolidated market data. With the public offering portion aiming to raise up to $38.062 million, the margin subscription is oversubscribed by approx. 1.51 times.
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