According to the information of HKExSongling Care Group (01989.HK)During the initial public offering from January 27th to February 8th, the company issued 259 million shares, 90 per cent of which were international placement, 10 per cent public offering and 15 per cent over-allotment rights. The offering price ranges from HK $0.63 to HK $0.69 per share, with 8000 shares per share, which is expected to be listed on February 15.

At present, the company has introduced Yada HK and China Oceanwide Fund, a subsidiary of Oceanwide Holdings, as cornerstone investors, subscribing for 85.536 million shares and 40 million shares respectively.

The company's net income from this listing is 115 million yuan (calculated at the median issue price), of which 77.7 per cent will be used to acquire properties suitable for the establishment of new care-and-attention homes to expand the network of care and attention homes in Hong Kong; 12.3 per cent will be used to subsidize the Songling care development project; and 10 per cent will be used for working capital.

Stock encyclopedia link:

Https://news.futunn.com/wiki/hk01989

IPO subscription link:

Https://my.futu5.com/account/buynewstock

reminder

(1) due to the need to process the subscription procedures, the deadline for subscription will be earlier than the deadline announced by the Exchange, and the deadline is 16:00 on that day.

(2) the subscription fee of HK $50.00 is required to be paid regardless of whether the lottery is successful or not. if the lottery is successful, there is also a fee of 1.0077%. Please refer toSubscription fee for new shares.

(3) if the new shares are successful, please refer to the daily statement on the day of the announcement of the results. if successful, the daily statement will show the new shares and the number of shares, otherwise, the funds will be returned.

(4) Please deposit sufficient funds on the subscription deadline, otherwise, Futu has the right to reject the subscription request without contacting the customer.

(5) if a subscription application has been submitted, please go toHistorical recordQuery the processing progress in the.

(6) Fortune does not support financing for the time being.

There are ups and downs in the listing of new stocks in Hong Kong, without steady gains or losses.

Note: this content does not constitute any investment advice. Investment comes with risks, and customers should measure the risks they can bear and make investment judgments independently.