New Stock Dark Market | GUMING once rose nearly 17%, now up 12.68%!
The mainland Chinese tea beverage chain brand GUMING will officially list on the Hong Kong Stock Exchange on Wednesday, February 12. As of the time of writing, the dark market shows that the stock has risen over 12%, priced at HKD 11.200. According to GUMING's prospectus, the company plans to issue 182 million shares, with the first 10% for public offering and 90% for international placement. The issue price ranges from HKD 8.68 to HKD 9.94, with the final pricing set at HKD 9.94, and the number of shares per lot is 400
The mainland Chinese tea beverage chain brand GUMING will officially list on the Hong Kong Stock Exchange on Wednesday, February 12.
As of the time of publication, the dark market shows that the stock has risen over 12%, priced at HKD 11.200.
According to GUMING's prospectus, the company plans to issue 182 million shares, with the first 10% for public offering and 90% for international placement. The issue price ranges from HKD 8.68 to HKD 9.94, with the final pricing set at HKD 9.94, and the number of shares per lot is 400.
According to market news, excluding the margin subscription portion, GUMING has recorded approximately HKD 4.2 billion in margin subscriptions, which is 25 times oversubscribed compared to the initial public offering portion of HKD 159 million. Foreign media reports indicate that due to the enthusiastic response to GUMING's public subscription portion, the public offering will increase to 43.5%.
