KINWONG (03228) opened its IPO at HK$69.88, raising about HK$bn

• MechanismMechanism B
• A+HA+H（603228）
• H-Share Premium/Discount-38.4%
• Stock ConnectA+H share; enters Stock Connect after listing (post greenshoe expiry)
• Public Offer Lots72,945 lots
• Public Offer AmountHK$510M
• Cornerstone Share51.6%
• GreenshoeNo
• SponsorCITIC Securities (Hong Kong) Limited, Merrill Lynch (Asia Pacific) Limited, 国联证券国际资本市场有限公司, CLSA Limited, 国联证券国际金融有限公司

Source KINWONG