HAITIAN FLAV's dark market rose over 12%, the company is a leading condiment manufacturer in mainland China
HAITIAN FLAV announced that the offer price for its H shares is HKD 36.30 per share, and it will issue an additional 15,794,200 shares, accounting for approximately 6.0% of the total global offering. The H shares are expected to start trading on the main board of the Stock Exchange at 9:00 AM on June 19, 2025, with a trading unit of 100 shares and a stock code of 3288. Today, the dark market opened high, rising over 12%, with the current price at HKD 40.95
HAITIAN FLAV opened today with a rise of over 12% in the dark market, currently priced at HKD 40.95.
HAITIAN FLAV announced that its H-share offering price is HKD 36.30 per share, and it will issue an additional 15,794,200 shares, accounting for approximately 6.0% of the total global offering. The H-shares are expected to begin trading on the Hong Kong Stock Exchange's main board at 9:00 AM on June 19, 2025, with a trading unit of 100 shares and a stock code of 3288.
In addition, the H-share IPO public offering was oversubscribed by 930 times, attracting over 390,000 investors to subscribe, setting a new high for the number of subscribers for new stocks in Hong Kong this year. The offering price is HKD 36.3, with expected fundraising of HKD 10.15 billion. The winning rate is 0.1%, and the proportion of the public offering has been expanded from 6% to 21%. The company plans to use the raised funds for capacity expansion, product research and development, and global brand building. The official listing will be on June 19, with joint sponsors being CICC, Goldman Sachs, and Morgan Stanley
