Brief News: BENQ HOLDING first listed, dropped over 40% in half a day
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BENQ HOLDING Group Co., Ltd. was listed on the Hong Kong Stock Exchange, with its stock price dropping significantly on the first day, down 42.29% from the offering price. The company offered a total of 67 million shares globally, raising a net amount of HKD 555 million. The Hong Kong public offering was oversubscribed by 5.28 times, while the international offering was oversubscribed by 1.28 times. The company plans to use the raised funds for hospital expansion, upgrades, and potential investment mergers and acquisitions
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