No Data
No Data
Hong Kong stocks anomalous | Evergrande Property Services Group (01354) rose more than 10% in the afternoon, and the stock price reached a new high since listing, rising more than 50% compared to its initial public offering price.
In the afternoon, Jingfa Property (01354) rose by more than 10%, reaching a high of HKD 11.8, a new high since listing, up more than 57% from the offering price of HKD 7.5. As of press time, it rose by 7.28%, to HKD 11.5, with a turnover of HKD 1.926 million.
Hong Kong stock market abnormal changes | The day after the listing of Jingfa Property (01354) fell more than 17% again, with a total decline of nearly 30% and gross margin trending downward in recent years.
On the second day of listing, Jingfa Property (01354) fell by more than 17%, which is nearly 30% lower than the IPO price of HKD 7.5. As of press time, it fell by 17.32%, at HKD 5.49 with a turnover of HKD 3.5083 million.
Xian Kingfar Property Services Shares Drop 14% on Hong Kong Debut
The Hong Kong IPO offering price of Jingfa Property (01354.HK) is set at HKD 7.50 per share, with a net raise of HKD 90.47 million.
According to the announcement of Jingfa Property (01354.HK) on July 2nd, the company globally sold 16.6668 million H shares, with a net amount of HKD 90.47 million, at HKD 7.50 per share. The number of shares publicly offered in Hong Kong accounts for 18.01% of the global offering, with a subscription rate of 118.87 times. The number of shares offered internationally accounts for 81.99% of the global offering, with a subscription rate of 0.98 times. Assuming the global offering is unconditional on the morning of Wednesday, July 3, 2024 at 8:00 am, it is expected that H shares will be listed on the Hong Kong Stock Exchange at 9:00 am on the same day.
Jingfa Properties (01354) received 118.87 times of subscription for its public offering with a restricted price.
Jingfa Property (01354) announced the results of its distribution, with 16,666,680 shares sold globally and publicly in Hong Kong.
New stock dark market | Jinfawuyi (01354) rose by 13.33% in the initial dark market, earning HKD 300 per hand.
Jingfa Property (01354) will be listed in Hong Kong on July 3 (Wednesday).
No Data