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HealthyWay Inc. Updates Cayman Islands Office Details
Hong Kong stock movement | Health Road (02587) rose more than 8% on the second day of listing, nearly a 50% increase compared to the offering price, with a market cap exceeding 10 billion Hong Kong dollars at one point.
On the second day of its listing, Health Road (02587) surged over 8%, reaching a high of 11.64 Hong Kong dollars, nearly a 50% increase from the offering price of 7.8 Hong Kong dollars. As of the time of writing, it has risen by 7.5%, trading at 11.46 Hong Kong dollars, with a transaction volume of 4.6757 million Hong Kong dollars, and its total market value once exceeded 10 billion Hong Kong dollars.
HealthyWay Shares Surge 28% in Hong Kong Debut
New stock debut | Health Road (02587) had its first listing, opening up 27.56% in the morning.
Health Road (02587) has debuted on the market, with the announcement showing a share price of HKD 7.8, issuing a total of 25 million shares, and each lot containing 500 shares, resulting in total proceeds of HKD 0.195 billion. As of the time of writing, the stock has risen by 27.56%, trading at HKD 9.95, with a turnover of HKD 11.9178 million.
Announcement highlights | A subsidiary of China Energy Engineering won an EPC general contracting project worth nearly 5.9 billion yuan; VESYNC received a premium of approximately 33.33% for privatization, and resumes trading today.
China Energy Engineering Corporation's subsidiary has won an EPC general contracting project worth nearly 5.9 billion yuan; SANXUN GROUP's sales in the first 11 months decreased by more than 60% year-on-year.
Health Road (02587.HK) has set its Hong Kong IPO issuance price at HKD 7.8 per share, raising a net amount of HKD 0.109 billion.
On December 27, Gelonghui announced that Health Road (02587.HK) will globally issue 25 million shares at 7.80 HKD per share, with net proceeds of 0.109 billion HKD. The number of shares available for public sale in Hong Kong accounts for 13.20% of the global issuance, with a subscription rate of 34.42 times; the number of shares for international issuance accounts for 86.80% of the global issuance, with a subscription rate of 0.98 times. Assuming that the public offering in Hong Kong becomes unconditional on December 30, 2024 (Monday) at 8:00 AM or earlier, the shares are expected to be available at 9:00 AM on December 30, 2024 (Monday).
