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Another giant in the "millet economy", Bluco, has exploded in popularity: 625.6 billion Hong Kong dollars in financing subscriptions!
The company Bruker, which is going public in Hong Kong, is receiving enthusiastic support from investors.
Hong Kong stock IPO update: Today, Bruker and 7 other stocks are in the subscription period.
Gelonghui, January 3 | Today, Bruker (0325.HK), Huige Eco-friendly Concept (2613.HK), Simu Technology (2571.HK), Xinjiaao RV (0805.HK), Conch Materials Technology (2560.HK), Newman (2530.HK), Yibin Banks (2596.HK), and Brain Movement Aurora Mobile (6681.HK) are in the subscription period, with no new stocks listed.
Zhitong Hong Kong Stock Investment Journal | January 3
Hong Kong Stock Investment Log | January 3, 2025
Bloks Group Investors Seek $58 Billion to Bid in IPO
The new IPO of Bruker (00325.HK) has accumulated a margin of 466.5 billion, temporarily oversubscribed by over 3,000 times.
Bruker (00325.HK) will begin its public offering this Tuesday (December 31 of last year) and will close next Tuesday (January 7 of this year) at noon. Each lot consists of 300 shares, with an entry fee of 18,287.59 Hong Kong dollars. According to TradeGo data, the margin subscription amount for retail investors has approached 60 billion US dollars (approximately 466.5 billion Hong Kong dollars), and the public offering has been oversubscribed by more than 3,000 times.
[Brokerage Focus] Guozheng International gave Blueco (00325) an IPO-specific rating of "5.8", indicating that the millet economy is driving the increased popularity of the trend toy market.
Jinwu Finance News | Guozheng International's Research Reports indicate that Bloku (00325) was established in 2014, and its main products are building character toys, known as the "Chinese version of LEGO." As of June 30, 2024, the company has a total of 431 SKUs on sale, including 116 SKUs primarily aimed at children under 6 years old, 295 SKUs aimed at the 6 to 16 age group, and 20 SKUs targeted at individuals over 16 years old. Mainstream product prices range from 9.9 yuan to 399 yuan, with popular mass-priced products priced at 39 yuan, and affordable price range products priced from 9.9 yuan to.