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IPO Launch

Estun (02715) opened its IPO at HK$15.36–17.00, raising about HK$bn

  • MechanismMechanism B: no clawback
  • A+HA+H(002747)
  • H-Share Premium/Discount-35.4%
  • Stock ConnectA+H share; enters Stock Connect after listing (post greenshoe expiry)
  • Entry FeeHK$3,072.00
  • Public Offer Lots48,390 lots
  • Public Offer AmountHK$165M
  • Cornerstone Share33.4%
  • GreenshoeYes
  • SponsorHuatai Financial Holdings (Hong Kong) Limited
  • Stabilizing ManagerHuatai Financial Holdings (Hong Kong) Limited

Source Estun

Cibo — HK IPO Allotment Forecasts, Allottee Profiling & Stock Connect