Tibet Mining Company ZHIHUI MINING (02546.HK) will end its subscription period today (16th) at noon. According to comprehensive market data, as of around 9 AM this morning, various brokerages have collectively lent over HKD 184.58 billion for its margin subscription, making it a hotly sought-after new stock recently. Based on its public offering portion raising nearly HKD 55.004 million, the margin subscription was oversubscribed by nearly 3,354.8 times.
ZHIHUI MINING is currently focused on the exploration, mining, production, and sales of zinc, lead, and copper in Tibet, and it is expected that the funds raised from the listing will mainly be used to enhance mining, ore dressing, and production capacity