On the first day of the new stock, Jiangsu Hongxin opened high and surged by 37.6%, earning 940 Hong Kong dollars per lot, with a transaction volume of nearly 24 million Hong Kong dollars, operating the well-known brand "Hongxin Long" in Jiangsu Province.
During the public offering phase, Jiangsu Hongxin received 46.96 times subscription. After reallocation, the final number of shares offered in the public sale was 8.892 million shares, accounting for approximately 16.6% of the total shares offered. A total of 9,084 valid applications were received, with 2,491 applications processed, and the percentage of shares allocated to those who applied for one lot was approximately 3.91%.
Dark market intelligence | Grain and oil wholesaler Jiangsu Hongxin rose by 28%, earning 700 HKD for each lot, once soaring by 32% during the trading session.
Jiangsu Hongxin closed up 28%, at 3.2 Hong Kong dollars, with a turnover of 17.8941 million Hong Kong dollars.
Dark market news丨Jiangsu Hongxin opened high in the dark market, currently up 20%, with a total market value exceeding 0.64 billion Hong Kong dollars, making it the second largest supermarket in Yangzhou.
According to Futu News on March 28, Jiangsu Hongxin opened high in the dark market today, currently up 20%, priced at 3.00 HKD, with a trading volume of 1.8371 million HKD and a total market value of 0.643 billion HKD; each lot is 1,000 shares, earning 500 HKD per lot.
The State-owned Assets Supervision and Administration Commission of the State Council: unswervingly strengthen, optimize, and expand state-owned capital and state-owned enterprises.
The 2025 Issue 6 of the "Seeking Truth" magazine published a signed article by the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council titled "Unwaveringly Strengthening, Optimizing and Expanding State-owned Capital and State-owned Enterprises."
Hongxin Supermarket, from Yangzhou, Jiangsu, has received the registration notification for listing in Hong Kong.
Hongxin Supermarket, from Yangzhou, Jiangsu, has received the registration notification for listing in Hong Kong.
Hongxin Supermarket, based in Yangzhou, Jiangsu, has submitted an IPO prospectus and plans to go public in Hong Kong, with ChaoYao Capital as the exclusive sponsor.