[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...
Is the once popular UBON Holdings (08529) now a lesson in what not to invest in, with a 25% stock price plummet just two weeks after going public?
What happened behind the market funds' abandonment of the hot new stock Youbo Holdings?
Hong Kong stock market anomaly: UBOX Holdings (08529) fell more than 15%, with a cumulative drop of nearly 40% in the first three days of listing and falling below the issue price. The company's performance is not optimistic.
Youyu Holdings (08529) fell more than 15%. Since its listing on Monday, the stock has been on a downward trend, and has fallen by nearly 40% in the past three trading days, dropping below the issue price of HK$0.5.
Hong Kong Stocks Rebound Following More Than Expected Growth in China's Manufacturing Sector
New IPO stock: UBOX Holdings Limited (08529) opened at HKD 0.53, 6% higher than the offering price.
Jingu Finance | UB Group Holdings (08529) was listed for the first time at HKD 0.53, up 6% from the IPO price. The total turnover was 225 million shares, with a turnover of HKD 137 million. Ignoring the handling fee, a profit of HKD 150 can be made per 5,000 shares. The stock opened at HKD 0.66, up 32% from the IPO price, with a high of HKD 0.68 and a low of HKD 0.51. The latest total market value is HKD 265 million.
TechInsights: Semiconductor assembly and packaging equipment sales fall 26% to $4.1 billion in 2023
According to TechInsights, semiconductor assembly and packaging equipment sales fell 26% to $4.1 billion in 2023.
Ubot Holding Shares Surge 32% on Hong Kong Debut
First day of IPO | Youbo Holdings (08529) first listed and opened 32% higher in early trading
The Zhitong Finance App learned that Youbo Holdings (08529) was listed for the first time. According to the announcement, the final price was HK$0.5 per share. A total of 137.5 million shares were issued, 5,000 shares per lot, with a net proceeds of about HK$31.32 million. As of press release, it rose 32% to HK$0.66, with a turnover of HK$594.86 million. According to reports, Youbo Holdings is an upstream back-end functional supplier in the semiconductor and integrated circuit industry (that is, assembly, packaging and testing). It mainly provides services to customers in the semiconductor industry, including wafer-free semiconductor companies, IDM companies, and IC assembly and packaging testing companies. Its products
UBoT Holding Raises HK$31 Million in Hong Kong IPO; Prices Offering at Bottom of Range
[IPO] Youbo Holdings (08529) has a first-hand bid rate of 0.2% under a limited price of HK$0.5
Jinwu Financial News | Youbo Holdings (08529) was listed today. According to the results of the previous offering, the price was limited to HK$0.5, raising a total capital of HK$68.75 million, with a net amount of about HK$31.35 million. For each lot of 5,000 shares, the winning rate for the first hand is 0.2%. Only when subscribing for 500 lots can you get a steady hand. The company received 38,849 valid applications during the public sale phase, and recorded 2503.03 times the subscription amount and 1.15 times the subscription amount for the placement portion.
Youbo Holdings (08529) sold the following limited-price public sale and was subscribed 2503.03 times
Youbo Holdings (08529) announced the allotment results. The company sold 137.5 million shares globally, accounting for 45.45% of the public offering and 54.55% of the placement. The final sale price was HK$0.5 per share, with a net raise of approximately HK$31.35 million from the global sale. Each lot is 5,000 shares. It is expected that trading of shares will begin at 9:00 a.m. on June 3, 2024 (Monday) on the Stock Exchange.
Express News | Ubot Holding Ltd - Final Offer Price of HK$0.500 Under Global Offering
IPO dark market | Youbo Holdings (08529) initial dark market rose 40% and earned HK$1,000 per lot
Youbo Holdings (08529) will be listed in Hong Kong on June 3 (Monday).
The Hong Kong GEM is restarting, and Youbo Holdings is about to go public, setting off an IPO subscription frenzy
Gross profit margin is declining year by year
Zhitong Hong Kong Stock Investment Calendar | May 30
Hong Kong Stock Investment Calendar | May 30, 2024
[IPO] Youbo Holdings (08529) starts today with a prospectus entry fee of HK$3030.25
Jinwu Financial News | Youbo Holdings (08529) began offering shares today, making it the first new stock after GEM's listing reform. It is proposed to issue 125 million shares, of which 10% are public subscriptions in Hong Kong, the rest are international placements, and 15% are over-allotted shares. The issue price is between HK$0.5-0.6, 5,000 shares per lot, and the entry fee is HK$3030.25. The shares are expected to be listed on June 3. Yuexiu Finance is the sole sponsor. The company is a back-end semiconductor transmission medium manufacturer engaged in precision manufacturing of engineering plastic castings. In terms of fund-raising purposes, the company plans to use about 78.2% to increase the Group's production capacity and
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