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<IPO>AUNTEA JENNY Records Margin Oversubscription 100x+ on Debut; BRETON's IPO to Close Tmr
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China's tea beverage brand AUNTEA JENNY (02589.HK) began its Hong Kong IPO yesterday (April 28). Offering a total of 2.4113 million shares globally at an offer price of $95.57-113.12 per share, the company aims to raise up to $273 million. According to consolidated data from various brokers, AUNTEA JENNY's IPO received a margin of around $2.772 billion from brokers yesterday, representing an oversubscription of 100.6 times based on the public offering portion raising $27.2766 million. As of around 9 am this morning, AUNTEA JENNY's margin subscription had increased to $3.642 billion, marking a margin oversubscription of around 132.5 times. BRETON (01333.HK), a Chinese electric construction machinery provider, also started its IPO last Friday (April 25) and will close it this Wednesday (April 30). DRINDA (02865.HK), a solar cell manufacturer that will close its IPO this Friday (May 2), has so far recorded a margin subscription of about $320 million, representing a margin oversubscription of about 0.7 times. AAStocks Financial News |
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