Hongying City Services (02529) announced the allotment results. The company sold 40 million shares globally, with the Hong Kong public offering accounting for 30% and the international placement accounting for 70%. The final sale price was HK$3.2 per share, with a net raise of approximately HK$86.38 million from the global sale. With 1,000 shares per lot, H shares are expected to start trading on the Hong Kong Stock Exchange at 9:00 a.m. on May 17, 2024 (Friday).
Among them, the Hong Kong public sale received 47.59 times the subscription, and the international offering received 1.2 times the subscription.