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CICC, CMBI, Jefferies Among Advisers on InnoScience Offering
InnoScience Expects to Price Shares Dec. 24, Trading to Begin Dec. 30
InnoScience (Suzhou) Technology Seeking to Raise Up to HK$1.53B in Hong Kong IPO
Selected announcements | CHINAHONGQIAO expects annual Net income to nearly double year-on-year; GOLDLION HOLD receives a premium for privatization, resuming trading today.
CHINAHONGQIAO expects that the Net income for the year ending December 31, 2024, may increase by around 95% year-on-year; China Coal Energy's Commodity coal sales for the first 11 months were 0.256 billion tons, showing a decrease of 1.9% year-on-year; November sales were 25.8 million tons, representing a year-on-year increase of 11.4%.
[New Stock IPO] Yingsaike (02577) starts subscription today, entry fee is 3,399.95 Hong Kong dollars.
Jinwu Financial News | Innospec (02577) begins its public offering today, intending to issue 45.364 million shares listed in Hong Kong, of which 10% is for public sale in Hong Kong and the remainder is for international placement, plus an additional 15% over-allotment option. The offering price per share ranges from HKD 30.86 to HKD 33.66, with a minimum investment of HKD 3,399.95 for 100 shares. The shares are expected to be listed on December 30. China International Capital Corporation and CMB International are the joint sponsors. Based on the median offering price of HKD 32.26, the expected net fundraising amount is approximately HKD 1.363 billion, with plans to use around 60.0% for expanding 8-inch Gallium Nitride.
Express News | Innoscience (Suzhou) Technology - Global Offering of 45.4 Mln H Shares
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