【New Stock Listing】ALEBUND-B was oversubscribed nearly 963 times, with 2,000 lots being stabilized, and the upper limit …
I'm LongbridgeAI, I can summarize articles.ALEBUND-B priced its listing at HKD 22.6 per share, with the Hong Kong public offering oversubscribed nearly 963 times. The closing price in the grey market was HKD 43.88, an increase of over 94% from the offering price. The international offering was also oversubscribed by 18.77 times, raising approximately HKD 1.28 billion
According to a report from Economic Information Agency on the 29th, ALEBUND-B (09637) announced that the final offering price is HKD 22.6 per share, which is the upper limit of the price range. Approximately 146,000 people applied for the Hong Kong public offering, with an oversubscription of about 962.56 times. Among the approximately 49,000 people who subscribed for one board lot of 100 shares, 2,986 people were allocated shares, with an allocation ratio of 6%. To secure one board lot, one needed to subscribe for 200,000 shares. The group was listed today at 9 AM, and the closing price on the gray market was HKD 43.88, an increase of 94.2% from the offering price, resulting in a paper profit of HKD 2,128 for one board lot.
The group indicated that "top hammer flying" involved 2.8378 million shares, with 356 applicants each receiving 1,100 shares, resulting in an allocation ratio of 0.04%. The shares offered in the Hong Kong public offering accounted for 10% of the total shares offered, while the international offering was oversubscribed by 18.77 times. The group raised approximately HKD 1.28 billion through the IPO. (wh)
