LAIFUAL IPO Achieves Massive 4,572x Oversubscription in Hong Kong Public Offering, Raises HK$1.07 Billion Net
Stock News
Jun 29
The final allocation results for LAIFUAL (HKEX: 03952) have been announced. The company has globally offered 13,441,900 H shares, with the Hong Kong public offering portion comprising 20% and the international offering making up the remaining 80%. The final offer price has been set at HK$85.50 per share, resulting in net proceeds of approximately HK$1.073 billion from the global offering.
Each board lot consists of 100 shares. The H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. (Hong Kong time) on Tuesday, June 30, 2026.
The Hong Kong public offering portion was significantly oversubscribed by approximately 4,571.99 times. Meanwhile, the international offering portion was oversubscribed by about 7.89 times.
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