
The public offering of IMPRESSION DHP was oversubscribed by 3,396 times, with a 0.8% chance of winning one lot
IMPRESSION DHP (02695.HK) announced the results of its IPO, with the public offering receiving 3,397.48 times subscription, and the winning rate for one lot (1,000 shares) was only 0.8%. The international offering recorded 1.91 times subscription. The final offer price is HKD 3.6, close to the lower limit of the price range, raising a net amount of HKD 104 million. The shares are expected to be listed on Monday (22nd).
The state-owned cultural tourism service company IMPRESSION DHP plans to globally offer 36.1 million shares, with the public offering accounting for 10%. The offer price ranges from HKD 3.47 to HKD 4.1. The joint sponsors are Xingzheng International and Kaisheng

