JL Mag Rare-Earth Plans $649M Hong Kong Share Offering

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JL Mag Rare-Earth Plans $649M Hong Kong Share Offering

Dow Jones2021-12-31

JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.

JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China's Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.

It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.

The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.

The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.

BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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robot1234
·2022-01-01
China has just announced the merger of three state-owned rare earth miners into a company that will control nearly 70% of the country's output of key metals.Beijing is tightening its grip on the country's supply chain for rare earths, which are essential for a wide range of high-tech products, in preparation for prolonged tensions with the U.S.
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Cynphony
·2021-12-31
F
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  2022-01-26
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bouncy doge
·2021-12-31
Wow!
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KelvinChan
·2021-12-31
Please like
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MuppyKoh
·2021-12-31
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SirBahamut
·2021-12-31
China controlled company haha
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Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197134862","content_text":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. 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Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through ","content":"<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JL Mag Rare-Earth Plans $649M Hong Kong Share Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJL Mag Rare-Earth Plans $649M Hong Kong Share Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-31 14:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197134862","content_text":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China's Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7210717,"gmtCreate":1643173566894,"gmtModify":1663239652642,"authorId":3564628688986709,"author":{"id":3564628688986709,"idStr":"3564628688986709","authorId":3564628688986709,"name":"Cynphony","avatar":"https://static.tigerbbs.com/0a4d7b3613c4c16a986696433173f5f7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":692675158,"type":1,"supId":0,"prevId":0,"content":"Vvv","text":"Vvv","html":"Vvv"},{"id":7200446,"gmtCreate":1642845694903,"gmtModify":1663239601840,"authorId":3564628688986709,"author":{"id":3564628688986709,"idStr":"3564628688986709","authorId":3564628688986709,"name":"Cynphony","avatar":"https://static.tigerbbs.com/0a4d7b3613c4c16a986696433173f5f7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":692675158,"type":1,"supId":0,"prevId":0,"content":"F","text":"F","html":"F"},{"id":7185184,"gmtCreate":1642404451339,"gmtModify":1663239530342,"authorId":3564628688986709,"author":{"id":3564628688986709,"idStr":"3564628688986709","authorId":3564628688986709,"name":"Cynphony","avatar":"https://static.tigerbbs.com/0a4d7b3613c4c16a986696433173f5f7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":692675158,"type":1,"supId":0,"prevId":0,"content":"Mmmm","text":"Mmmm","html":"Mmmm"},{"id":7170116,"gmtCreate":1641894356437,"gmtModify":1663239461233,"authorId":3564628688986709,"author":{"id":3564628688986709,"idStr":"3564628688986709","authorId":3564628688986709,"name":"Cynphony","avatar":"https://static.tigerbbs.com/0a4d7b3613c4c16a986696433173f5f7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":692675158,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"},{"id":7156631,"gmtCreate":1641382846122,"gmtModify":1663239401029,"authorId":3564628688986709,"author":{"id":3564628688986709,"idStr":"3564628688986709","authorId":3564628688986709,"name":"Cynphony","avatar":"https://static.tigerbbs.com/0a4d7b3613c4c16a986696433173f5f7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":692675158,"type":1,"supId":0,"prevId":0,"content":"F","text":"F","html":"F"}],"langContent":"CN"},{"id":9003600190,"gmtCreate":1640947479976,"gmtModify":1676533557594,"author":{"id":"4098105138332610","authorId":"4098105138332610","name":"bouncy doge","avatar":"https://static.tigerbbs.com/2aa69d1b056a582816c5849b976932ef","vip":1,"hat":"https://static.tigerbbs.com/d30fc324d24ff33075e053005564f0df","crmLevel":6,"crmLevelSwitch":0,"idStr":"4098105138332610","authorIdStr":"4098105138332610"},"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003600190","repostId":1197134862,"repostType":4,"repost":{"id":"1197134862","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640933312,"share":"https://ttm.financial/m/news/1197134862?lang=&edition=fundamental","pubTime":"2021-12-31 14:48","market":"hk","language":"en","title":"JL Mag Rare-Earth Plans $649M Hong Kong Share Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=1197134862","media":"Dow Jones","summary":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through ","content":"<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JL Mag Rare-Earth Plans $649M Hong Kong Share Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJL Mag Rare-Earth Plans $649M Hong Kong Share Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-31 14:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197134862","content_text":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China's Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003840618,"gmtCreate":1640939999874,"gmtModify":1676533557035,"author":{"id":"3570776252336545","authorId":"3570776252336545","name":"KelvinChan","avatar":"https://static.tigerbbs.com/322f5dea7567e161ddef26aec462d83d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570776252336545","authorIdStr":"3570776252336545"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003840618","repostId":1197134862,"repostType":4,"repost":{"id":"1197134862","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640933312,"share":"https://ttm.financial/m/news/1197134862?lang=&edition=fundamental","pubTime":"2021-12-31 14:48","market":"hk","language":"en","title":"JL Mag Rare-Earth Plans $649M Hong Kong Share Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=1197134862","media":"Dow Jones","summary":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through ","content":"<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JL Mag Rare-Earth Plans $649M Hong Kong Share Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJL Mag Rare-Earth Plans $649M Hong Kong Share Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-31 14:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197134862","content_text":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China's Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003827197,"gmtCreate":1640935181299,"gmtModify":1676533556774,"author":{"id":"3585354270249282","authorId":"3585354270249282","name":"MuppyKoh","avatar":"https://static.tigerbbs.com/280b63f52e5976fb134c31bfb22ec07d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3585354270249282","authorIdStr":"3585354270249282"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003827197","repostId":1197134862,"repostType":4,"repost":{"id":"1197134862","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640933312,"share":"https://ttm.financial/m/news/1197134862?lang=&edition=fundamental","pubTime":"2021-12-31 14:48","market":"hk","language":"en","title":"JL Mag Rare-Earth Plans $649M Hong Kong Share Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=1197134862","media":"Dow Jones","summary":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through ","content":"<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JL Mag Rare-Earth Plans $649M Hong Kong Share Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJL Mag Rare-Earth Plans $649M Hong Kong Share Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-31 14:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197134862","content_text":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China's Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003822854,"gmtCreate":1640934070021,"gmtModify":1676533556681,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581734227956830","authorIdStr":"3581734227956830"},"htmlText":"China controlled company haha","listText":"China controlled company haha","text":"China controlled company haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003822854","repostId":1197134862,"repostType":4,"repost":{"id":"1197134862","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640933312,"share":"https://ttm.financial/m/news/1197134862?lang=&edition=fundamental","pubTime":"2021-12-31 14:48","market":"hk","language":"en","title":"JL Mag Rare-Earth Plans $649M Hong Kong Share Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=1197134862","media":"Dow Jones","summary":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through ","content":"<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JL Mag Rare-Earth Plans $649M Hong Kong Share Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJL Mag Rare-Earth Plans $649M Hong Kong Share Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-31 14:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.</p><p>JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China&#39;s Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.</p><p>It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.</p><p>The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.</p><p>The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.</p><p>BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197134862","content_text":"JL Mag Rare-Earth Co. Ltd. plans to raise 5.06 billion Hong Kong dollars (US$648.8 million) through a share offering in Hong Kong. The new-energy resource supplier will sell 125.5 million H-shares and will be marketing the shares in a price range of HK$33.80-HK$40.30 a share.JL Mag Rare-Earth will use the proceeds to construct production facilities in Ningbo city in China's Zhejiang province, expecting to commence operations there by 2023, as well as for research and development purposes.It added that some of the proceeds will be used for potential acquisitions to expand both its upstream and downstream operations.The Ganzhou, China-based company engages in the production and sales of rare-earth permanent magnetic materials, with applications in automobiles, home appliances, wind power and consumer electronics.The company, which is also listed in Shenzhen, expects to finalize the offer price on Jan. 7, and expects shares to begin trading on the Hong Kong Exchange from Jan. 14.BNP Paribas S.A. and Citic Securities Co. Ltd. are among banks advising JL Mag Rare-Earth on the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":56,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}