Market Chatter: Dahon Tech's Hong Kong IPO Lures Over HK$262 Billion Margin Financing

MT Newswires Live

Sep 04

Dahon Tech (Shenzhen) (HKG:2543) has attracted nearly HK$262.2 billion in margin funds from investors for its initial public offering in Hong Kong, The Standard reported Thursday.

The amount of orders means the the IPO was at least 6,688 times oversubscribed, a new record, the report said.

The Chinese folding bicycle retailer is looking to raise as much as HK$342.2 million in its listing by offering 7.92 million shares, with the indicative issue price set at HK$49.50 per share.

Dahon Tech will debut on the Hong Kong bourse on Sept. 9.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02543","symbol_name":"大行科工","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2564326481","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564326481","pubTimestamp":1756969595,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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