New listing IPO: Yuanxu Technology (08637) opens at 1.66 Hong Kong dollars, 31.4% lower than the issue price.

Yuanxu Technology (08637) made its debut at HKD 1.66, 31.4% lower than its IPO price. It saw 8.59 million shares traded before the market opened, with a turnover of HKD 16.62 million. Without counting the handling fee, the profit of each lot of 1,000 shares is HKD 760. The final offering price of the stock is HKD 2.42 per share, with a subscription ratio of 2480.61 and a winning rate of 3.01% per lot. The international offering received a subscription ratio of 1.43.

金吾財訊Jul 1 21:27 ET

On the first day of listing, YuanXu Technology (08637) opened at a low price of 31.4% in the morning.

Element Science and Technology (08637) has been listed for the first time. According to the announcement, the price per share is HKD 2.42, with a total issuance of 27 million shares and 1000 shares per hand. The net proceeds will be approximately HKD 12.03 million. As of the time of publication, the stock has fallen by 31.4%, at HKD 1.66, with a turnover of HKD 16.6204 million.

Zhitong FinanceJul 1 21:23 ET

YuanXu Technology is priced at HKD 2.42 per share and received 2480.61 times oversubscription in public offering.

Yuanxu Technology (08637) announced the distribution results, the company issued 27 million shares globally, with 13.5 million shares offered publicly and internationally. The final sale price is HKD 2.42 per share, and the global sale net raised about HKD 12.03 million. Trading of the expected shares will begin at 9:00 am (Hong Kong time) on July 2, 2024, on the Stock Exchange of Hong Kong Limited. Among them, the public offering was oversubscribed by 2480.61 times, and the international offering was oversubscribed by 1.43 times.

新浪港股Jun 30 21:20 ET

The per-share price of YuanXu Technology (08637) is HKD 2.42, and the public offering has received 2480.61 times subscription.

The global issuance of 27 million shares of Yuan XU Technology (08637) has been announced, with 13.5 million shares for public offering and 13.5 million shares for international offering. The final offering price was HKD 2.42 per share, with a net proceeds of approximately HKD 12.03 million from the global offering. Trading of the expected shares in lots of 1,000 shares will begin at 9:00 am on July 2, 2024 (Hong Kong time) on the Hong Kong Stock Exchange. Among them, the public offering was oversubscribed by 2480.61 times and the international offering was oversubscribed by 1.43 times.

Zhitong FinanceJun 28 11:29 ET

New stock dark market: Yuanxu Technology (08637) rose 2.89% in the initial trading, earning HKD 70 per share.

Yuanxu Technology (08637) will be listed on the Hong Kong Stock Exchange on July 2 (Tuesday).

Zhitong FinanceJun 28 04:16 ET

Yuanxu Technology has launched its IPO, with a Singaporean couple controlling the company and focusing on the precision engineering field.

Revenue depends on five major customers.

Gelonghui FinanceJun 21 05:25 ET