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IPO Launch

ZJ Innolight (03308) opened its IPO at HK$1010.00, raising about HK$bn

  • MechanismMechanism B
  • A+HA+H(300308)
  • H-Share Premium/Discount+7.5%
  • Stock ConnectA+H share; enters Stock Connect after listing (post greenshoe expiry)
  • Public Offer Lots109,000 lots
  • Public Offer AmountHK$5504M
  • Cornerstone Share56.9%
  • GreenshoeYes
  • SponsorGOLDMAN SACHS (ASIA) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Morgan Stanley Asia Limited, GF Capital (Hong Kong) Limited
  • Stabilizing ManagerGOLDMAN SACHS (ASIA) L.L.C.

Source ZJ Innolight

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