Zhongji Innolight's Hong Kong Share Offering Oversubscribed 16.84 Times
3 day ago / Read about 0 minute
Author:小编   

On July 29, Zhongji Innolight unveiled the definitive offer price and the results of share allocation, setting the price per share at HK$980. The company offered a total of 54.5 million shares on a global scale, successfully garnering net proceeds of around HK$52.891 billion. The Hong Kong public offering witnessed an impressive subscription multiple of 16.84 times, whereas the international offering was oversubscribed by 9.73 times, reflecting strong investor confidence.