China Asia Vets (02567.HK) announced the results of its IPO, with a Hong Kong public offering oversubscribed by 19.87 times. The allotment rate for one lot (1,000 shares) is 80%, with those who subscribed for two lots receiving one lot each; the international offering recorded an oversubscription of 1.02 times. Under the clawback mechanism, the number of shares in the public offering has increased to 47.925 million shares, accounting for 30% of the total offering. The final offering price is 2.75 yuan, close to the lower limit price, raising a net amount of 0.367 billion yuan. The shares are expected to be listed on Wednesday (the 16th).
China Asia Vets is selling approximately 0.16 billion shares this time, with the Hong Kong public offering originally accounting for 10%; the offering price ranges from 2.74 to 2.86 yuan. Prior to the listing, investors hold 16.27% of Alibaba China's shares.