Mao Geping (01318.HK) Hong Kong IPO price is set at HK$29.8 per share, net raising of HK$2.187 billion
On December 9, Glonghui Mao Geping (01318.HK) announced that the company has sold 78.4234 million H shares globally at HK$29.80 per H share, with net proceeds of HK$2.187 billion. The number of Hong Kong public offering shares accounted for 50% of the global offering shares, with 919.18 times subscribed; the number of international offering shares accounted for 50% of the global offering shares, with 30.34 times subscribed. Assuming that the global offering becomes unconditional at or before 8:00 a.m. Hong Kong time on Tuesday, December 10, 2024, it is expected that H shares will begin trading on the Stock Exchange at 9:00 a.m. Hong Kong time on Tuesday, December 10, 2024. H shares will be traded in units of 100 H shares per lot size, and the stock code of H shares will be 1318.
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