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IPO Launch

CCTC (06951) opened its IPO at HK$100.30, raising about HK$bn

  • MechanismMechanism B
  • A+HA+H(300408)
  • H-Share Premium/Discount-31.0%
  • Stock ConnectA+H share; enters Stock Connect after listing (post greenshoe expiry)
  • Public Offer Lots71,365 lots
  • Public Offer AmountHK$716M
  • Cornerstone Share49.8%
  • GreenshoeYes
  • SponsorChina Galaxy International Securities (Hong Kong) Co., Limited
  • Stabilizing ManagerChina Galaxy International Securities (Hong Kong) Co., Limited

Source CCTC

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