"New Stock Listing" VIGONVITA-B first listed at 1.85 times the offering price, with a potential profit of over 12,000 per lot near the upper limit of the price
VIGONVITA-B debuted today, opening at HKD 95, which is 1.85 times higher than the offering price of HKD 33.37, earning HKD 12,326 per lot. The offering price was set between HKD 32.00 and HKD 34.00, with the final pricing being 1.9% lower than the upper limit. The Hong Kong public offering was oversubscribed by 6,237.42 times, showing strong demand. Yesterday, the Bright Smart dark market peaked at HKD 102, closing at HKD 85, still 1.55 times higher than the offering price. The group raised approximately HKD 587 million through the offering, reminding that the stock price may fluctuate significantly due to the concentration of H-share shareholders
According to the Economic News Agency report on the 6th, VIGONVITA-B (02630) debuted today, opening at HKD 95, which is 1.85 times higher than the offering price of HKD 33.37. Based on a board lot of 200 shares, excluding handling fees, each lot earns HKD 12,326. VIGONVITA announced that it was ultimately priced at the upper-middle level of the offering range of HKD 32.00 to HKD 34.00, which is 1.9% lower than the offering cap of HKD 34. Approximately 265,000 people applied for the Hong Kong public offering, with an oversubscription of about 6,237.42 times, making it the most popular among the four new stocks listed on the same day. Out of 117,000 people who subscribed for one board lot of 200 shares, 1,960 were allocated shares, with an allocation ratio of 1.68%, and no one secured a full board lot. Yesterday, the Bright Smart dark market peaked at HKD 102, reaching "red bottom," and closed at HKD 85, still 1.55 times higher than the offering price, with a paper profit of HKD 10,300 for one lot. The group indicated that "top hammer flying" involved 879,800 shares, with 3,698 applicants, of which 814 received 200 shares, resulting in an allocation ratio of 0.01%. The Hong Kong public offering portion accounted for 10% of the total shares offered, while the international offering was oversubscribed by 15.87 times. The group raised approximately HKD 587 million through the offering. VIGONVITA reminded that due to the high concentration of equity among a small number of H-share shareholders, even a small amount of H-share transactions can lead to significant price fluctuations. (hc)
