Back    Zoom +    Zoom -
<IPO>CATL (03750.HK) To Close IPO This Afternoon w/ Margin Oversubscription 114x+
Recommend
24
Positive
24
Negative
14
The IPO period for CATL (03750.HK) will close at noon today (15th).

As of about 9:00 am this morning, margin received by CATL's IPO from a number of brokers increased to $268.18 billion, representing an expansion of margin oversubscription to nearly 114.3 times based on the public offering portion raising $2.325 billion, according to the consolidated market data.

Related NewsCiti: US-CN Stronger-Than-Expected Mutual Tariff Cuts Ease External Pressures on CN Econ
CATL will offer nearly 118 million H shares globally, with the Hong Kong public offering accounting for 7.5%. Foreign media quoted sources as saying that CATL will set its IPO maximum offer price at $263 per share, raising around $31 billion.

The IPO results are expected to be announced next Monday (19th), with the stock set to debut on next Tuesday (20th).
AAStocks Financial News
Website: www.aastocks.com