New stock news | Popular! Energy storage battery manufacturer Shuangdeng Group (06960.HK) Hong Kong stock IPO oversubscribed more than 3000 times.

According to the Smart Finance APP, energy storage battery manufacturer Sangdong Group (06960.HK) conducted initial public offering from August 18th to 21st, and the latest subscription has ended. Data shows that Sangdong Group has at least borrowed 25.52 billion Hong Kong dollars from securities firms for margin trading, and raised 84.97 million Hong Kong dollars through public offering, oversubscribed by 3002 times. Sangdong Group plans to issue 58.557 million H shares, with 10% for public offering in Hong Kong at a price of 14.5 Hong Kong dollars per share, raising up to 850 million Hong Kong dollars, with a minimum of 500 shares per lot and an entry fee of 7,328.2 Hong Kong dollars per lot.