LED device supplier Jingke Electronics (02551.HK) continues its IPO, with a provisional recorded subscription of 46.14 billion yuan, equivalent to a public offering oversubscription ratio of 3,802 times, temporarily becoming the "oversubscription king" of new stocks this year.
Jingke Electronics plans to issue 33.6 million H shares, 10% for public offering in Hong Kong, at a price of HK$3.61 per share, raising HK$0.12 billion, with a board lot of 1,000 shares and an entrance fee of approximately HK$3,646.4 per board lot.
In addition, during the same period, the cross-border furniture e-commerce new stock, Aoke Technology (02519.HK), has a provisional recorded subscription amount of only 0.343 billion, oversubscribed by 6 times. The group will issue 29.895 million H shares, with an IPO price ranging from HK$14.56 to HK$15.6, raising up to 0.47 billion yuan. The entrance fee for each board lot (300 shares) is approximately HK$4,727.2.