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New stock interpretation | Crystal Technology: Geely's assistance cannot stop the decline in profits, the necessity of fundraising for expansion is questionable.
The primary business growth is attributed to enterprises within the Geely Group.
China Tong Hong Kong Stock Investment Log | November 1st
Hong Kong Stock Investment Journal | November 1, 2024
Hong Kong Stocks Extend Losses; Beijing Biostar Pharmaceuticals Soars 30% in Debut
[New Stock IPO] Crystal Electronic Co., Ltd. (02551) starts its IPO today, with an entrance fee of 3,646.41 Hong Kong dollars.
King's Wealth Newsletter | Jingke Electronics Co., Ltd. (02551) will start its IPO today, planning to issue 33.6 million H shares, with 10% for Hong Kong public offering, 90% for international placement, and an additional 15% over-allotment option. The offer price per share is 3.61 Hong Kong dollars. Each board lot consists of 1,000 shares, with an entry fee of 3,646.41 Hong Kong dollars. Citic Sec is the sole sponsor. The shares are expected to be listed on November 8th. Fundraising scale: 0.1213 billion yuan. The expected net proceeds from this fundraising are about 64.1 million Hong Kong dollars, with approximately 70% intended for expanding the group's autos smart vision capacity to continue driving the development of the autos smart vision business.
APT Electronics Launches Up to HK$121 Million Hong Kong IPO
Crystal Electronic Co., Ltd. will conduct a global offering of 33.6 million shares from October 31st to November 5th.
Jingke Electronics Co., Ltd. (02551) will conduct a global offering from October 31, 2024 to November 5, 2024, intending to globally offer 33.6 million H shares. The public offering in Hong Kong accounts for approximately 10%, while the international offering accounts for about 90%. The offer price will be HK$3.61 per share, with each board lot consisting of 1,000 shares. It is expected that the H shares will be listed on November 8, 2024.
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