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<IPO>CATL (03750.HK) Margin Subscription Surges to ~$61.6B, Public Offering Oversubscribed 25x+
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CATL (03750.HK) began its Hong Kong IPO yesterday (12th), offering nearly 118 million H-shares globally at a maximum offer price of $263 per share, aiming to raise up to about $31 billion. Of which, Hong Kong public offering accounted for around 7.5%. According to data from various brokers, CATL's IPO received a margin of around $51.74 billion from brokers yesterday, representing an oversubscription of nearly 21.3 times based on the public offering portion raising $2.325 billion. As of around 9 am this morning, its margin subscription had increased to $61.57 billion, with margin oversubscription close to 25.5 times. AAStocks Financial News |
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