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Hong Kong stock movement | Herbs Generation Group Holdings Limited (02593) dropped over 8% on its second day of listing, at one point falling below the issue price in early trading. The company is focusing on the health products market in Hong Kong.
Herbs Generation Group Holdings Limited (02593) fell more than 8% on the second day of trading, dipping below the issue price of 3.75 Hong Kong dollars during the session, after closing up over 10% yesterday. As of this report, the stock is down 7.73%, priced at 3.82 Hong Kong dollars, with a transaction volume of 22.05 million Hong Kong dollars.
Zephirin Starts Herbs Generation Group at Hold Medium Risk With HK$5 Price Target
New Hong Kong stocks continue to be hot! Herbs Generation Group Holdings Limited saw a rise of over 30% on its first day, with public offerings receiving over 6000 times subscription.
①What kind of company is Herbs Generation Group Holdings Limited? ②Why is the issuance of new shares in the Hong Kong stock market continuously hot?
Herbs Generation Raises HK$95 Million in IPO Ahead of Hong Kong Debut
Zhitong Hong Kong Stock Investment Log | December 19
Hong Kong Stock Investment Log | December 19, 2024.
[New Stock IPO] Herbs Generation Group Holdings Limited (02593) priced at 3.75 HKD, with a 3% chance of winning one lot.
Jinwu Finance News | Herbs Generation Group Holdings Limited (02593) announced the results of its IPO, pricing at HKD 3.75, raising HKD 0.125 billion with a net amount of HKD 95.3 million. Each board lot consists of 800 shares, with a subscription rate of 3.00%, and securing one board lot is possible with 1250 lots. The shares received 55,863 valid applications during the public offering stage in Hong Kong, with a subscription amount reaching 6,083.63 times, while the international placement subscription amount reached 1.79 times.
