Hongying City Services (02529) announced the results of its distribution of 40 million shares globally, with 30% sold publicly in Hong Kong and 70% internationally. The final sale price was HKD 3.2 per share, with a net fundraising of approximately HKD 86.38 million. Trading of H-shares, with each lot consisting of 1000 shares, is expected to commence on Friday, May 17, 2024, at nine o'clock in the morning on the Hong Kong Stock Exchange.
Among them, public sale in Hong Kong was oversubscribed 47.59 times, and international allocation was oversubscribed 1.2 times.