VGT's margin financing temporarily exceeds 31 times, reported to halt institutional investors' subscriptions early
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The public offering of new shares for VGT (2476) will close for subscriptions tomorrow. The response to margin subscriptions has been lukewarm, currently recording approximately HKD 56.2 billion in margin, with an oversubscription of about 31 times. VGT plans to stop accepting subscriptions from institutional investors one day earlier, and due to strong demand, plans to expand the Hong Kong listing scale to HKD 20.2 billion
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