Chaoyun Group (New Listing Number: 06601)
From February 26 to March 3 (Wednesday) IPO, subscription ends today. According to data from multiple brokerage firms, Chaoyun Group recorded a margin of 20.71 billion yuan, an oversubscription of 66.5 times, but individual brokerage firms recorded a slight drawdown overnight. Chaoyun Group will be listed on March 10. According to market news, Chaoyun Group was oversubscribed several times on the first day of its international placement.
Chaoyun Group closed its margin trading yesterday. As of 6 pm on March 2, Futu lent 4.68 billion yuan, Huatai International lent 3.71 billion yuan, Phillip lent 3.1 billion yuan, and Founder Securities lent 2.2 billion yuan. Yaocai lent 2.2 billion yuan and so on.
Reuters’ IFR reported that Chaoyun Group intends to set a price at the upper limit of its offer price and raise 3.06 billion yuan. Chaoyun Group’s offer price ranges from 7.8 to 9.2 yuan.
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Reporter: Xie Zhuorong
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