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New Stock IPO | Kales Oversubscribed 2152 Times, Zejing Single Lot Winning Rate 30%
Two new stocks will be listed tomorrow. Among them, KAILUO Technology (02729), a provider of integrated intelligent on-site logistics robots, announced its IPO results. The stock was priced at HKD 16.66 per share, with a net proceeds of approximately HKD 556 million. The public offering was oversubscribed by 2,152.26 times, with a subscription of 200 shares per lot and a 5% allotment rate.
Zejing Holdings (02632) announced its IPO results. The stock was priced at HKD 44.2 per share, with a net proceeds of about HKD 650 million. The public offering was oversubscribed by 67.89 times, with a subscription of 50 shares per lot and a 30% allotment rate.