
According to reports, EASTROC BEVERAGE's international placement was oversubscribed, attracting support from long-term funds and hedge funds
According to sources cited by Bloomberg, EASTROC BEVERAGE (09980.HK) has recorded sufficient subscriptions for the international placement portion of its Hong Kong listing, with oversubscription ranging from 5 to 9 times, primarily from long investors and hedge funds globally and in China.
EASTROC BEVERAGE is offering shares for subscription from January 26 to 29, planning to issue 40.89 million H shares, with an offering price not exceeding HKD 248 per share, raising a maximum of HKD 10.14 billion. Each board lot consists of 100 shares, with an entry fee of HKD 25,050.11, and there is no mechanism for reallocation. EASTROC BEVERAGE is expected to be listed on February 3. Huatai International, Morgan Stanley, and UBS are the joint sponsors.
As of today (27th) at 11 AM, EASTROC BEVERAGE has borrowed HKD 7.16 billion from brokers for margin trading, with an oversubscription of 6.1 times

