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2025-11-07 09:12:32 CNGR (02579.HK) (300919.SZ) has announced the details of its Hong Kong IPO. It proposes to offer over 104 million H-shares globally, with the Hong Kong public offering accounting for 10% (10.4226 million shares) and the international offering accounting for 90% (93.8028 million shares). The offer price per share ranges from HKD34 to HKD37.8, aiming to raise up to around HKD3.94 billion. The entry fee for a board lot of 200 shares will be around HKD7,636.24. The IPO will start today (7th) and end at noon next Wednesday (12th), with the pricing and listing expected for next Thursday (13th) and November 17, respectively. This IPO has attracted 9 cornerstone investors, including ITG (600755.SH), CALB (03931.HK), Lens International (HK) under LENS (06613.HK), and SUNWODA (300207.SZ), which will collectively subscribe for shares worth nearly HKD1.659 billion, involving around 46.1976 million shares (about 44.33% of the offered shares) based on the median offer price. ~ AAStocks Financial News Web Site: www.aastocks.com | |