Financial news
Written by: Yue Yueting
2020-01-08 13:05
Last updated: 2020-01-08 13:05Reuters' IFR quoted people familiar with the matter as saying that Taiji Pickled Fish and Jiumao Jiushan Noodle House parent company, Jiumaojiu International Holdings (9922) intends to set its IPO price at the upper limit of the range.
The stock is planned to sell 333.4 million shares, 10% of which are publicly offered in Hong Kong. The offer price ranges from RMB 5.5 to RMB 6.6, with a maximum fund raising of about RMB 2.2 billion. Based on 1,000 shares per lot, the entrance fee is about 6,666.51 yuan, and it is estimated that it will be listed on January 15.
The stock closed yesterday's margin subscription. Based on the data of multiple brokers, the margin was 43.32 billion yuan, which is 196 times oversubscription.
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