The Bank of Yibin (02596) will limit the price for public offering. Subscription for the shares may be less than expected.

10/01/2025

Yibin Bank (02596) announces the distribution results, with a total of 688.4 million shares issued globally, of which the public offering in Hong Kong accounted for...

Yibin Bank (02596) announced the results of the distribution. The company globally issued 688.4 million shares, with 2.05% allocated for public sale in Hong Kong and 97.95% for international sale. The final offer price was HK$2.59 per share, raising approximately HK$1.709 billion in net proceeds from the global sale. Trading of H shares is expected to begin on January 13, 2025, at 9:00 am on the Hong Kong Stock Exchange. The public sale in Hong Kong received 0.21 times oversubscription, while the international sale received 1.14 times oversubscription.

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