New stock news | Hao Gei new materials (08090.HK) ended the subscription for new shares and recorded a subscription amount of 19.597 billion Hong Kong dollars, oversubscribed by 1581.99 times.

According to the Wise News Financial APP, composite material trench cover manufacturer Baogai New Material (08090.HK) conducted its IPO from June 29, 2026 to July 3, 2026, and the latest subscription has ended. According to market reports, Baogai New Material has received a loan of 1.9597 billion Hong Kong dollars from securities firms for margin financing, with a public offering amount of 12.31 million Hong Kong dollars, oversubscribed by 1581.99 times.