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<IPO>QUANTGROUP, Parent of E-commerce Platform 'Yangxiaomie', Kicks Off IPO Tdy w/ Entry Fee HKD4,949.42
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QUANTGROUP (02685.HK) has announced the details of its IPO in Hong Kong. It proposes to offer 13.3475 million shares globally, with the Hong Kong public offering accounting for around 10% (1.335 million shares) and the international offering accounting for around 90% (12.0125 million shares). The offer price ranges from HKD8.8 to HKD9.8 per share, aiming to raise up to around HKD131 million. The entry fee for a board lot of 500 shares will be around HKD4,949.42. The IPO will commence today (19th) and end at noon next Monday (24th), with the listing expected next Thursday (27th). As an online market operator in China, QUANTGROUP is currently operating a consumer e-commerce platform named "Yangxiaomie". This platform offers products including consumer electronics, food and beverages, home appliances, and cosmetics. AAStocks Financial News |
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