HIPINE (02583) Shareholders Transfer Shares from Ping An Securities (Hong Kong) to China International Capital Hong Kong Securities Worth HK$325 Million

Stock News10-07

According to the latest data from the Hong Kong Stock Exchange, on October 6th, HIPINE (02583) shareholders transferred shares from Ping An Securities (Hong Kong) to China International Capital Hong Kong Securities, with a transfer value of HK$325 million, representing 3.28% of the company.

Looking back at the IPO situation, HIPINE conducted its public offering from September 19 to September 24 this year. The company planned a global offering of 10.6 million shares, with 10% allocated for Hong Kong offering and 90% for international offering, plus a 15% over-allotment option. This means HIPINE's public offering portion was only 10,600 lots.

On the first day, HIPINE's total margin financing amount was approximately HK$492 million, with a margin subscription multiple of about 15.69 times. In the following days of September 23 and 24, HIPINE's total margin financing amounts reached HK$15.552 billion and HK$45.939 billion respectively, corresponding to oversubscription multiples of 495.65 times and 1464.14 times. By the end of the offering period, the final oversubscription multiple was fixed at 2505.9 times.

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