<IPO>DAHON TECH (02543.HK) Margin Subscription Amt Temporarily Hikes to $134.5B, Oversubscribed ~3,430x
The IPO period for folding bicycle company, DAHON TECH (02543.HK), will end tomorrow (4th) at ...
The IPO period for folding bicycle company, DAHON TECH (02543.HK), will end tomorrow (4th) at noon.
As of around 3 pm today (3rd), DAHON TECH's IPO received a margin of nearly $134.5 billion from various brokers, representing an oversubscription of nearly 3,430 times based on the maximum public offering portion raising approx. $39.204 million, according to consolidated market data.
DAHON TECH planned a global offering of a total of 7.92 million H shares, with 10% allocated for Hong Kong public offering. The IPO price per share was set at $49.5. The allocation results are expected to be announced next Monday (8th), and the listing is scheduled for next Tuesday (9th). China Securities International is the sole sponsor.
(HK stocks quote is delayed for at least 15 mins.)
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