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China Tong Hong Kong Stock Investment Diary | November 22nd
Hong Kong Stock Investment Journal | November 22, 2024
Mong Jin Garden (02585.HK) has launched its public offering. What are the highlights?
According to information from the Hong Kong Stock Exchange, Mengjinyuan (02585.HK) conducted a public offering from November 21st to November 26th, with a price range of HK$12 to HK$14.4 per share, 200 shares per board lot, and plans to be listed on November 29th. Prior to this, Mengjinyuan also updated its performance dynamics, showing a good development momentum in the first half of the year. Since submitting the prospectus to the Hong Kong Stock Exchange this year, every step of Mengjinyuan's listing has attracted investors' attention, especially as international gold prices have continued to rise this year, ushering in a new bull market trend, with industry companies' performance in the first half of this year already showing "}
Dream Golden Garden has started its Hong Kong listing and is seeking subscriptions, bringing in five cornerstone investors including tianjin Huitai Capital, with its listing scheduled for November 29.
Dream Golden Garden has started its Hong Kong listing and is seeking subscriptions, bringing in five cornerstone investors including tianjin Huitai Capital, with its listing scheduled for November 29.
Mokingran Jewellery Group Launches Up To HK$633 Million Hong Kong IPO
[New Stock IPO] Dream Golden Garden (02585) starts subscription today, with an entry fee of HKD 2,909.04.
Golden Finance News | Mengjinyuan (02585) will start its IPO today, planning to issue 43.9568 million H shares, of which 10% will be publicly offered in Hong Kong, 90% will be internationally placed, and an additional 15% will have an over-allotment option. The IPO price per share is expected to be between HK$12 and HK$14.4, with 200 shares per board lot and an entry fee of HK$2,909.04. Citic Securities is the exclusive sponsor. The shares are expected to be listed on November 28. Based on the midpoint of the issuance price at HK$13.2, the expected net proceeds will be approximately HK$0.502 billion, with about 50% of the net proceeds intended for upgrading production facilities in Weifang, Shandong to enhance the group's production.
New stock announcement | Dream Golden Garden (02585) November 21st to November 26th listing, planning to globally offer 43.9568 million H shares, introducing cornerstone investors such as Tianjin Haitai Capital.
Meng Jinyuan (02585) will hold an initial public offering from November 21, 2024, to November 26, 2024, with the company planning to globally issue 43.9568 million shares listed in hong kong. Among these, approximately 10% will be available for public offering in Hong Kong, while about 90% will be for international offering, with an additional 15% in over-allotment options. The offering price is set to be between 12 and 14.4 HKD per share. The H shares are expected to begin trading on the Stock Exchange on November 29, 2024 (Friday).
Mengjinyuan (02585.HK) is expected to be listed on November 29, introducing cornerstone investors such as Tianjin Haitai Capital.
On November 21, Gelonghui reported that Mengjinyuan (02585.HK) announced that the company plans to globally offer 43.9568 million H shares, with 4.3958 million shares available for sale in Hong Kong and 39.561 million shares for international placement, along with a 15% over-allotment option; the offering period is from November 21 to November 26, 2024, with the expected pricing date on November 27; the offer price will be between HK$12.00 and HK$14.40 per share, with a trading unit of 200 shares; citic sec is the exclusive sponsor; the shares are expected to begin trading on the Stock Exchange of Hong Kong on November 29, 2024.
Mengjinyuan Gold, from tianjin, will soon be listed in Hong Kong through an IPO hearing, exclusively sponsored by Citic.
Mengjinyuan Gold, from tianjin, will soon be listed in Hong Kong through an IPO hearing, exclusively sponsored by Citic.
The gold jewelry industry is rising with the wind, Dream Garden goes public in Hong Kong IPO.
Currently, gold jewelry is highly sought after among the millennials and Generation Z in China, with a significant increase in the proportion of young consumers. At the same time, the purchasing power of third-tier and lower-tier cities continues to rise, as well as the increasingly strong demand for gold product investments, continuously driving the prosperity of the gold jewelry market.
Dream Golden Garden gold, from tianjin, submitted IPO prospectus, planning to list in Hong Kong, exclusively sponsored by CITIC.
On October 14, 2024, Mokingran Jewellery Group Co., Ltd. from tianjin submitted its prospectus to the Hong Kong Stock Exchange, planning to list on the main board of Hong Kong. This is its third application after the failure of two previous submissions on September 28, 2023, and April 3, 2024.
Mengjinyuan sprinted to the Hong Kong Stock Exchange, interpreting the emerging path of value increase among dark horses in the industry amid the gold rush.
The development trajectory of Mengjinyuan after landing on the Hong Kong Stock Exchange is worthy of market attention.
New stock preview | Gold track "long slope and thick snow", can the intangible cultural heritage brand Dream Golden Garden recreate the legend of "intangible cultural heritage" in the secondary market?
In the future, with the full release of the gold market demand, Mengjinyuan's performance is also expected to further increase with technological advantages and brand effects, naturally increasing its investment value.
Mengjinyuan Gold, from Tianjin, went public in Hong Kong and received a “Notice of Filing” from the China Securities Regulatory Commission
According to the new overseas listing and filing regulations for domestic companies that came into effect on March 31, 2023, companies chose to list H-shares in Hong Kong. The original path of big and small is a thing of the past. Companies listed overseas can directly submit a prospectus, and the roadmap will be replaced by a “filing notice”.
Rekindle the money-making effect? Inventory and outlook of Hong Kong stock IPOs
Along with expectations of valuation restoration, market sentiment is expected to gradually pick up, and new share purchases may become popular again.
Gold futures have broken through this year's high, and spot gold prices are about to soar? A big wave of gold companies took the opportunity to sprint to IPOs
① International gold futures prices, New York spot gold prices, and domestic gold prices rose one after another on December 1; ② Currently, gold is still following expectations that the Fed will cut interest rates, and spot gold prices are definitely likely to retest historic highs; ③ Can gold and jewelry companies take advantage of rising gold prices to complete the IPO impact?
Mengjinyuan moved to the Hong Kong Stock Exchange, with annual revenue exceeding 15 billion dollars and relying on five major suppliers
Gross margin in 2022 is less than 6%
Meng Jinyuan's IPO: Wang Zhongshan's family holds 89% of the shares, and actor Haiqing is the shareholder
On September 28, Wang Min, Leju Finance, Mengjinyuan Gold & Jewelry Group Co., Ltd. (hereinafter referred to as “Mengjinyuan”) submitted a prospectus to the Hong Kong Stock Exchange to be listed on the Hong Kong Main Board. CITIC Securities is the exclusive sponsor.
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