(06960): Hong Kong public offering received 3876.25 times oversubscription.

date
25/08/2025
avatar
GMT Eight
Shuangdeng Group (06960) announced a global offering of 58.557 million shares, with approximately... of them being sold publicly in Hong Kong.
(06960) announced that the company will globally issue 58.557 million shares, with approximately 10% open for public sale in Hong Kong and approximately 90% for international sale. The final offering price is HK$14.51 per share, raising approximately HK$756 million in net proceeds from the global offering. Each lot consists of 500 shares, and it is expected that the H shares will begin trading on the Hong Kong Stock Exchange on August 26, 2025, at 9:00 am. The public sale in Hong Kong received 3876.25 times oversubscription, while the international sale received 18.75 times oversubscription.