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Hong Kong Stocks Post Five-Day Rout; Bloks Surges 41% as Numans Health Flops in Debut
Newmans (2530.HK) debuts on the Hong Kong Stock Exchange. How does the "first stock in maternal and infant nutrition products" break the circle?
Source: China News Service. For 18 years, Newmas has been laying out its maternal and infant industry track, with its algae oil DHA flagship product successfully breaking boundaries. Newmas has become one of the few listed companies on the market without debt. On January 10, Newmas was listed on the Hong Kong Stock Exchange, with an issue price of 0.8 yuan per share. According to the prospectus, Newmas plans to issue no more than 0.25 billion shares in this listing, and the funds raised will be used to strengthen marketing efforts and expand the market. Despite the increasing number of entrants in the health industry, there is still room for growth. A Frost & Sullivan report indicates that as Generation Z becomes the mainstream parenting population, the demand for health and dietary supplements will grow from 2023 to 2028.
Numans Health Food Raises HK$120.5 Million in Hong Kong IPO Ahead of Friday Debut
[New Stock IPO] Newman (02530) is priced at 0.8 HKD, with a 50.01% chance of winning for one lot.
Golden Wing Financial News | Newman’s (02530) announces IPO results, priced at HKD 0.8, total funds raised are HKD 0.2 billion, with a net amount of approximately HKD 0.121 billion. Each lot consists of 8,000 shares, with a winning rate of 50.01% per lot, and subscribing to 25 lots guarantees a winning lot. The shares received 9,340 valid applications during the public offering phase in Hong Kong, with a subscription oversubscription rate of 65.17 times; the international placement subscription rate is 1.03 times.
Newman (02530) set the price at HKD 0.8 per share, with the Hong Kong public offering being 65.17 times oversubscribed.
Newman (02530) announced the allocation results, with the company globally offering 0.25 billion Listed in Hong Kong shares, accounting for 4% of the public offering in Hong Kong...
Express News | Numans Health Food Holdings Co Ltd - Announcement of Final Offer Price
