【New Stock IPO】【Subscription Situation】【Continuously Updated】Mainland wireless communication module and solution provider MEIG (3268) received HKD 1.191 billion in margin financing, oversubscribed by 10.79 times
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Mainland wireless communication module and solution provider MEIG conducted its IPO from February 27 to March 5, recording a subscription of HKD 1.191 billion on the first day, oversubscribed by 10.79 times. The company is offering 35 million H shares, with 10% allocated for public offering, and the IPO price per share is not more than HKD 28.86, with listing expected on March 10. The exclusive sponsor is China International Capital Corporation. MEIG ranks fourth in the global wireless communication module industry, with a market share of 6.4%
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