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Yum China loaned nearly 5.9 billion yuan for margin financing on the first day of IPO

2020-09-01T15:27:26.593Z


Yum China (9987), which operates chain restaurants such as Pizza Hut and KFC in the Mainland, IPO on the first day of today. Investors did not see too much investment. Based on the data of multiple brokerage firms, a total of 5.87 billion yuan was loaned out for margin trading, which is more public development.


Financial News

Written by: Zhang Weilun

2020-09-01 23:11

Last update date: 2020-09-01 23:11

Yum China (9987), which operates chain restaurant chains such as Pizza Hut and KFC in the Mainland, IPO today. Investors did not see too much investment. Based on data from multiple brokerage firms, a total of 5.87 billion yuan was loaned out for margin deals, which was approximately oversubscribed compared to the public offering. 6.5 times.

Among them, Yaocai lent 700 million yuan in margins, and Phillip, Huasheng and Haitong lent 2.5 billion yuan, 250 million yuan and 1.8 billion yuan respectively.

Yum China will be offering shares from today until noon on Friday (4th). The offer price is capped at 468 yuan. Based on a lot of 50 shares, the admission fee is 23,635.8 yuan.

The company plans to list on September 10.

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IPO of Yum China

Source: hk1

All news articles on 2020-09-01

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