Shares of Soft International Group Ltd (SOFT INTL) surged 5.88% in early trading on Thursday, following the company's announcement of its final offer price for its global offering.
The Hong Kong-listed company revealed late Wednesday that the final offer price for its global offering has been set at HK$0.51 per offer share. This pricing announcement appears to have sparked investor interest, driving the stock's significant upward movement in the market.
Global offerings, which typically involve issuing new shares to international investors, can be seen as a positive sign for a company's growth prospects and financial health. The strong market reaction suggests that investors are optimistic about Soft International's offering and its potential implications for the company's future.