Zhicheng Finance and Economics APP news, Baowang Co., Ltd. (06657) announced the distribution results, and the company globally issued 9.262 million shares of stock, of which 10% were publicly sold in Hong Kong and 90% were internationally sold. The final offering price is HK$36 per share, and the global offering raised a net total of about HK$2.29 billion. Every lot consists of 100 shares, and it is expected that H-shares will begin trading on the Hong Kong Stock Exchange at 09:00 am on July 9, 2024 (Wednesday).
Among them, the Hong Kong public offering received 6.58 times oversubscription, and the international offering received 1.04 times oversubscription.