ALEBUND-B's public offering received nearly a thousand times subscription and will be listed on the Hong Kong Stock Exch…
Complete. Here is the key summaryALEBUND-B announced the placement results, with the Hong Kong public offering oversubscribed by approximately 963.56 times and the international offering subscribed by approximately 19.77 times. The company's H shares will be listed on the Hong Kong Stock Exchange on June 29, with an offer price of HKD 22.60, and the net proceeds are approximately HKD 1.18 billion. This time, cornerstone investors including Tencent were introduced, collectively receiving about 49.78% of the shares
According to the Zhitong Finance APP, ALEBUND-B (09637) announced the placement results showing that the company's public offering in Hong Kong was significantly oversubscribed, with a subscription multiple of approximately 963.56 times; the international offering was also subscribed approximately 19.77 times, indicating high market interest. The company's H shares will officially be listed on the Hong Kong Stock Exchange on June 29, with the stock code 09637, and each lot consists of 100 shares.
The announcement shows that ALEBUND-B's global offering consists of 56.7554 million H shares, of which 5.6756 million shares are for the Hong Kong public offering and 51.0798 million shares are for the international offering. The offer price is set at HKD 22.60 per share, with net proceeds of approximately HKD 1.1808 billion. The Hong Kong public offering received a total of 145,729 applications, of which 35,131 were accepted, resulting in a 6% chance of winning a lot.
It is noteworthy that the company has introduced cornerstone investors including GIC, Loomis Sayles, RTW Fund, Symbiosis, Tencent, Cormorant, DAMSIMF, Guangfa Fund, Huatai-PineBridge Hong Kong, E Fund, and LVC. The cornerstone investors were allocated a total of 28.2549 million shares, accounting for approximately 49.78% of the global offering shares, and approximately 8.31% of the total share capital after listing