IPO News | Weiyi Intelligent Manufacturing (03275) margin subscription amount exceeds HK$419 million on the second day of its public offering, with over 4x oversubscription

GMTEight APP News: Weiyi Intelligent Manufacturing (03275) has entered the second day of its public offering, with market subscription enthusiasm continuing to climb. As of the close on October 21, statistics from Futu Securities show that the company's public offering financing subscription multiple reached 5.24 times, corresponding to a total financing subscription amount of approximately HK$419 million. It is worth noting that, against the backdrop of an overall cooling in the Hong Kong IPO market due to a strong regulatory stance, the company's current subscription performance has clearly outpaced other companies soliciting subscriptions during the same period. Among them, Tiger International ranked first with a financing subscription amount of HK$88.46 million; Futu Securities followed closely with a subscription scale of HK$86 million; Phillip Securities and Yingli Securities also reached subscription amounts of HK$81 million and HK$64.1 million, respectively, while institutions such as TradeGo Markets, Huatai International, and Longbridge Securities also participated in the subscription simultaneously, with funds from multiple channels positioning themselves in parallel. Market analysis points out that as the offering process continues to advance, there is still room for further growth in subsequent subscription funds, and the company's final frozen capital scale and oversubscription situation are worth continued tracking.