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IPO Launch

Biren Tech (06082) opened its IPO at HK$, raising about HK$bn

  • Mechanism18C clawback: <10x → up to 10% at discretion; 10x to <50x → 10%; ≥50x → 20%
  • Entry FeeHK$3,920.00
  • Public Offer Lots61,924 lots
  • Cornerstone Share50.8%
  • GreenshoeYes
  • SponsorChina International Capital Corporation Hong Kong Securities Limited, Ping An of China Capital (Hong Kong) Company Limited, BOCI Asia Limited, PING AN SECURITIES (HONG KONG) COMPANY LIMITED
  • Stabilizing ManagerChina International Capital Corporation Hong Kong Securities Limited

Source Biren Tech

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