<IPO>SHUANGDENG (06960.HK) Margin Oversubscribed by ~263x So Far
SHUANGDENG (06960.HK), a company in the energy storage sector for big data and communication, is...
SHUANGDENG (06960.HK), a company in the energy storage sector for big data and communication, is on its second day of the IPO subscription period.
Based on market data, as of around 9 AM today, a number of brokers lent a total margin of approximately HKD22.42 billion for SHUANGDENG's IPO.
Given the maximum fundraising of approximately HKD84.97 million for the public offering portion, the margin has so far been oversubscribed by about 262.9 times.
(HK stocks quote is delayed for at least 15 mins.)
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
