This week (June 3rd - 7th), three companies will be listed on the Hong Kong stock market. Ubot Holding (8529.HK) was listed on June 3rd, while Jiangxi Rimag Group (2522.HK) and Easou Technology (2550.HK) will be listed on June 7th.
Ubot Holding is a semiconductor industry chain company engaged in the precision manufacturing of engineering plastic castings for the semiconductor transmission medium manufacturing in the latter half of the semiconductor industry. In terms of sales revenue, among all tray and tray-related product manufacturers in the semiconductor transmission medium industry in the latter half, Ubot Holding ranked third globally in 2023, with a market share of approximately 8.4%.
Jiangxi Rimag Group is known as China's first medical imaging service stock, mainly providing imaging center services, such as magnetic resonance imaging, computer tomography scans, etc. Easou Technology covers digital reading platform services, digital marketing services, online game distribution services, and other digital content services.
On the morning of the 23rd, when the market opened, Ubot Holding' stock price once stood at 0.8 Hong Kong dollars per share, a 60% increase over the issue price. However, the company's stock price has been fluctuating and falling since then. As of the closing of the day, Ubot Holding' stock price was reported at 0.53 Hong Kong dollars per share, an increase of only 8% over the issue price. (Data source: Sina Finance)
In fact, Ubot Holding was very popular during the subscription stage, with margin subscriptions exceeding 2000 times, and there are not many cases of margin subscriptions exceeding such multiples in history.
|
Subscription price (HKD) |
Number of shares per hand |
Entrance fee (HKD) |
Commencement date of the issue |
|
|
Jiangxi Rimag Group(2522.HK) |
14.60-16.80 |
500 |
8,484.71 |
5.30-6.4 |
|
Easou Technology(2550.HK) |
5.80-8.00 |
500 |
4,040.35 |
5.30-6.4 |
Jiangxi Rimag Group plans to globally offer 17,816,000 shares, with about 10% of the Hong Kong sale and about 90% of the international sale; Easou Technology plans to globally issue 14,802,500 shares, with about 10% of the Hong Kong sale and about 90% of the international sale.
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