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<IPO>HESAI-W (02525.HK) Reportedly Sets HK IPO Price at $212.8 to Raise Min. $3.62B
Recommend 11 Positive 19 Negative 10 |
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Lidar manufacturer HESAI-W (02525.HK)(HSAI.US) closed its IPO subscription today (11th) at noon. It set its IPO price at HKD212.8 per share, aiming to raise at least HKD3.62 billion, IFR reported, quoting people familiar with the matter. HESAI-W opened its IPO subscription from September 8 to 11, initially planning to issue 17 million Class B ordinary shares, with 10% allocated for public offering. Each lot consists of 20 shares, with the offering price not exceeding HKD228. According to broker data, the margin financing amount grossed over HKD46 billion as of around 9 AM today, with the public offering portion potentially raising about HKD387.6 million, resulting in an oversubscription of 117.77 times. AASTOCKS Financial News Website: www.aastocks.com |
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