DIDA INC News

[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...

金吾財訊Jul 3 05:07 ET

AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.

Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.

wallstreetcnJul 1 22:02 ET

Hong Kong Stocks End Week Flat; Laopu Gold Rises as Dida, Tianju Dihe Slump in Debut

Hong Kong stocks ended Friday's session little changed, on caution ahead of US inflation data as they may impact interest rate cuts. The Hang Seng Index barely moved in positive territory to close at

MT NewswiresJun 28 05:00 ET

Dida Shares Fall 13% in Pre-Market Session on Hong Kong Debut

Dida Shares Fall 13% in Pre-Market Session on Hong Kong Debut

Dow JonesJun 27 21:29 ET

Express News | Shares of Dida Inc Set to Open at HK$5.23 Each in Hong Kong Debut Vs IPO Price of HK$6 Apiece

ReutersJun 27 21:20 ET

Dida Raises Over HK$182 Million in Hong Kong IPO Ahead of Listing Debut

Dida (HKG:2559) raised HK$182.3 million in net proceeds from its Hong Kong initial public offering after pricing the shares at the midpoint of the indicative price range. The carpooling and taxi-haili

MT NewswiresJun 27 20:27 ET

New stock announcement | Dida travel (02559) priced at 6 Hong Kong dollars per share, with a public sale subscription ratio of 112.9 times.

The company sold a total of 39.091 million shares globally, with 19.5455 million shares sold publicly and internationally, and an oversubscription of 5.8635 million shares. The final offering price was HKD 6 per share, with a net fundraising of approximately HKD 182 million globally.

Zhitong FinanceJun 27 10:16 ET

Express News | Dida Inc - Final Offer Price of HK$6 per Share

ReutersJun 27 10:05 ET

Express News | Dida Inc - Total Number of Offer Shares Under Global Offering 39.1 Mln Shares

ReutersJun 27 10:05 ET

Dida Launches Nearly HK$274 Million Hong Kong IPO

Dida (HKG:2559) launched its initial public offering in Hong Kong that seeks to raise as much as HK$273.6 million, according to the IPO prospectus filed with the Hong Kong bourse on Thursday. The tech

MT NewswiresJun 19 22:18 ET