According to informed sources, Walmart plans to set the issue price for its Hong Kong listing at HK$20.09 per share, which is at the top end of the price range. This issue price represents a discount of approximately 35% compared to the closing price of its Shenzhen-listed A-shares at RMB 27.32 on Monday. Sources also indicated that Walmart concluded its subscription on Monday, one day ahead of the originally scheduled timeline. Company representatives have not yet issued a response.
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