KEYTOP PARKING (02272.HK) announced the results of its IPO, with an offer price of HKD 39.55 per share. The Hong Kong public offering received 2,115.21 times subscription, without triggering the clawback mechanism. The chance of winning one lot of 60 shares is about 2%, and subscribing for 5,000 lots, or 300,000 shares, is needed to secure one lot; the international offering recorded 5.56 times subscription. The total amount raised from this IPO is nearly HKD 400 million, and after deducting listing expenses, the net fundraising amount is nearly HKD 340 million