HK Movers | Beverage Company Auntea Jenny Soars 46% in Hong Kong Grey Market Trading

Tiger Newspress

05-07

Beverage company Auntea Jenny shares soared 46% in Hong Kong grey market trading. Shares will begin trading on the stock exchange on May 8.

The beverage company, one of China's largest, is offering up to 2,411,340 shares expected to be priced between HK$95.57 and HK$113.12 per share.

The beverage company intends to use the proceeds to boost its digitalization capabilities, improve research and development of its raw materials and ingredients, and enhance its supply chain capabilities, the filing said.

It will also use the proceeds to improve brand awareness and fund marketing activities.

Auntea Jenny attracted Infore Holding (Hong Kong), and Huabao Flavours & Fragrances (SHE:300741) unit Sino Top Trading.

CLSA, Haitong International Securities, Orient Securities (Hong Kong), ICBC International Securities, China Merchants Securities (HK), CMBC Securities, Morton Securities, Soochow Securities International Brokerage, and Tiger Brokers (HK), are the joint bookrunners and lead managers of the IPO.

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Shares will begin trading on the stock exchange on May 8.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d4539a84ae817cc779f0bd7da9718d3f\" title=\"\" tg-width=\"1170\" tg-height=\"1970\"/></p><p>The beverage company, one of China&#39;s largest, is offering up to 2,411,340 shares expected to be priced between HK$95.57 and HK$113.12 per share. </p><p>The beverage company intends to use the proceeds to boost its digitalization capabilities, improve research and development of its raw materials and ingredients, and enhance its supply chain capabilities, the filing said.</p><p>It will also use the proceeds to improve brand awareness and fund marketing activities.</p><p>Auntea Jenny attracted Infore Holding (Hong Kong), and Huabao Flavours &amp; Fragrances (SHE:300741) unit Sino Top Trading.</p><p>CLSA, Haitong International Securities, Orient Securities (Hong Kong), ICBC International Securities, China Merchants Securities (HK), CMBC Securities, Morton Securities, Soochow Securities International Brokerage, and Tiger Brokers (HK), are the joint bookrunners and lead managers of the IPO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2530416379","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530416379","pubTimestamp":1746606117,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Beverage Company Auntea Jenny Soars 46% in Hong Kong Grey Market TradingThe beverage company, one of China's largest, is offering up to 2,411,340 shares expected to be priced between HK$95.57 and HK$113.12 per share, according to a Monday filing with the Hong Kong bourse.Auntea Jenny expects to determine the IPO price on May 6 and disclose allocation results on May 7. 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