Zejing Group (02632) priced at HK$44.2 per share, with Hong Kong public offering oversubscribed 68.89 times.
Zejing Group (02632) announced the distribution results, with the company globally selling 16.2265 million H shares, with 10% sold publicly in Hong Kong and 90% sold internationally. The final offering price is 44.2 Hong Kong dollars per share, with a net fundraising of approximately 650 million Hong Kong dollars from the global sale. Each lot consists of 50 shares, and it is expected that the shares will commence trading on the Hong Kong Stock Exchange at 9:00 am on March 24, 2026.
Zejing Corporation (02632) announced the results of its distribution, with the company conducting a global offering of 16.2265 million H shares. The Hong Kong public offering accounted for 10% while the international offering accounted for 90%. The final offering price was HK$44.2 per share, with a net proceeds of approximately HK$650 million from the global offering. Trading of the shares is expected to commence on the HKEX on March 24, 2026 at 9:00 AM.
The Hong Kong public offering received a subscription rate of 68.89 times, while the international offering received a subscription rate of 1.34 times.
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