Nexchip (02249) opened its IPO at HK$30.00–32.30, raising about HK$bn

• MechanismMechanism B
• A+HA+H（688249）
• H-Share Premium/Discount-45.1%
• Stock ConnectA+H share; enters Stock Connect after listing (post greenshoe expiry)
• Public Offer Lots216,167 lots
• Public Offer AmountHK$698M
• Cornerstone Share48.8%
• GreenshoeYes
• SponsorChina International Capital Corporation Hong Kong Securities Limited
• Stabilizing ManagerChina International Capital Corporation Hong Kong Securities Limited

Source Nexchip