Cloud Factory's Stabilization Period Ends Without Action
The stabilization price period for Yunji Inc. (02512.HK) has ended, and no measures have been taken to stabilize prices or the over-allotment option has expired.
On July 11th, Gelonhui announced that the globally stable price period has ended on July 11, 2024 (30 days after the deadline for submitting the Hong Kong public offering application on Thursday). The overall coordinator (for itself and on behalf of international underwriters) did not exercise the over-allotment rights during the stabilization period, and the over-allotment rights have expired on July 11, 2024. Therefore, the company has not and will not issue shares based on the over-allotment rights.
[IPO Monthly Report] The Hong Kong IPO market saw a surge in subscription popularity and a significant decrease in the rate of IPOs breaking below the issue price in June. The expectations of the "Big Four" were mixed with both sorrow and joy.
In the first half of 2024, Hong Kong's IPO market continued its recent sluggish trend due to external market factors, global economic uncertainty, and cautious investor sentiment. The "Big Four" lowered their forecast for Hong Kong's annual IPO fundraising at the beginning of the year, but PwC expects Hong Kong's new IPO fundraising to exceed HKD 100 billion this year. PwC stated that the reduction in bearish factors, high demand for funding for business development, and the end of the interest rate hike cycle will bring back funds from Europe, America, and the Middle East to Asia, which is beneficial for market liquidity and valuation improvement. After six months of market baptism, PwC finally gave in and lowered Hong Kong's...
Cloud Factory Technology Slumps 17% in Hong Kong Debut
Cloud Factory Technology Holdings (HKG:2512) tanked on its Friday trading debut on the Hong Kong Exchange. After opening at HK$4.37 per share, the company closed at HK$3.80 per share, down 17.4% from
Cloud Factory Technology Is Engaged in AI Tech, Edge Computing Services
Cloud Factory Technology Is Engaged in AI Tech, Edge Computing Services
Cloud Factory Technology Extends Losses, Last 7.2% Lower
Cloud Factory Technology Extends Losses, Last 7.2% Lower
Cloud Factory Technology Shares Fall 5.0% to HK$4.37 in Pre-Trading Session on Hong Kong Debut
Cloud Factory Technology Shares Fall 5.0% to HK$4.37 in Pre-Trading Session on Hong Kong Debut
Express News | Cloud Factory Technology Holdings - Final Offer Price Under Global Offering HK$4.6 per Offer Share
Wisdom Hong Kong Stock Investment Journal | June 10th
HK Stock Investment Journal | June 10, 2024
Zhitong Hong Kong Stock Investment Calendar | June 6
Hong Kong stock investment journal | June 6, 2024
"Edge cloud first stock" Cloud Factory (02512) is about to go public. Why are global giants Huawei, Qualcomm, and Nvidia all crazily investing in edge computing AI?
Cloud Factory Technology (02512) is a service provider that develops, operates, and provides IDC solutions and edge computing AI.
Data Center Services Provider Cloud Factory Technology Seeks to Raise Up to HK$529 Million in Hong Kong IPO
Cloud Factory Technology Holdings (HKG:2512) launched its initial public offering in Hong Kong Wednesday, seeking to raise as much as HK$529.0 million. The data center services provider to internet an
Cloud Factory (2512.HK) is now publicly offered: a powerful player in edge cloud, reconstructing global productivity, with edge computing business growing at a rate of over 245%!
Recently, the new stock market in Hong Kong has rapidly rebounded. The main performance is that the first day of listing of new stocks is dazzling - the new stocks listed in May performed well, and all rose on the first day of listing. For example, the three new stocks of EDA Yida Cloud, Auto Street, and Quzhi Group listed in the last week of May, all recorded double-digit gains on the first day of listing. Especially EDA Yida Cloud in the cloud technology industry surged 84.21% on the first day! During the last week of May, 4 companies passed the hearing, among which Jingtai Technology was the first enterprise to be listed under chapter 18C after passing the hearing. The company was just filed with the China Securities Regulatory Commission on April 22. During the same period, a total of 11 new stocks
Cloud Factory (02512) starts IPO today with an admission fee of HKD 4,646.39.
Jingu Finance News | Cloud Factory (02512) began listing today, planning to issue 115 million shares, 10% of which will be publicly sold in Hong Kong and the rest will be internationally placed. The offer price per share is HKD 4.6, and the admission fee is HKD 4646.39 for every 1,000 shares. The stock is expected to be listed on June 14. Pu Yin International is the sole sponsor. Based on the 2022 revenue, the company ranks 11th among neutral service providers in the internet plus-related datacenter industry, with a market share of 0.6%. The company plans to use approximately 47.7% of the net proceeds raised for investment in various technologies to improve service quality and enhance operations.
Yun Gongchang will be listed from June 5th to June 11th, with a planned issuance of 115 million shares.
Cloud Factory (02512) will be listed from June 5th to 11th, 2024. The company plans to issue 115 million shares, of which 10% will be sold in Hong Kong and 90% will be sold internationally, with an over-allotment option of 15%. The offering price is HKD 4.6 per share, with 1000 shares per lot. The shares are expected to be traded on the Stock Exchange of Hong Kong starting at 9:00 am on June 14th, 2024 (Friday).
Cloud Factory (02512.HK) plans to globally issue 115 million shares and is expected to be listed on June 14.
On June 5th, Gelonghui announced that Cloudworks (02512.HK) plans to sell 115 million shares globally, 11.5 million shares will be sold in Hong Kong, and 103.5 million shares will be sold internationally, with an additional 15% over-allotment option. The IPO will be from June 5th to June 11th, 2024 with an offering price of HKD 4.6 per share and a trading unit of 1000 shares. Pu Sheng International is the exclusive sponsor with expected shares to be listed on the main board of the Stock Exchange of Hong Kong on June 14, 2024. According to the 2022 revenue calculation, the group is a neutral service provider among internet plus-related datacenter industry operators in China.
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