<IPO>SAINT BELLA (02508.HK) Int'l Placing Oversubscribed Purportedly
Postpartum care and restoration group SAINT BELLA (02508.HK) kicked off its IPO in Hong Kong today...
Postpartum care and restoration group SAINT BELLA (02508.HK) kicked off its IPO in Hong Kong today (18th). Its international placing has been oversubscribed several times, drawing in long-term funds, healthcare funds, Chinese public funds, and hedge fund institutional investors, sources divulged.
SAINT BELLA's IPO period will end next Monday (23rd), with the listing scheduled for next Thursday (26th). The joint sponsors are UBS and CITIC Securities. The IPO has introduced seven cornerstone investors, collectively investing approximately USD41.46 million.
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