Green Tea Group's IPO will start today and last until the 13th, with the offering price set at HK$7.19 per share.

The mother company of Green Tea Restaurant, Green Tea Group, will begin its IPO from today until the 13th. Green Tea Group plans to issue 170 million shares, with 10% to be publicly sold in Hong Kong at a price of 7.19 Hong Kong dollars per share, raising 12.1 billion Hong Kong dollars. Each lot consists of 400 shares, with an entrance fee of 2905 Hong Kong dollars. Green Tea Group is expected to be listed on May 16th, with Citigroup and CMB International as joint sponsors. According to market data, Green Tea Group has already borrowed 680 million yuan from securities firms for oversubscription, with the public offering amount of 121 million yuan exceeding 4.6 times.