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IPO Launch

Longsys (09976) opened its IPO at HK$240.60, raising about HK$bn

  • MechanismMechanism B
  • A+HA+H(301308)
  • H-Share Premium/Discount-38.3%
  • Stock ConnectA+H share; enters Stock Connect after listing (post greenshoe expiry)
  • Public Offer Lots52,156 lots
  • Public Offer AmountHK$627M
  • Cornerstone Share18.9%
  • GreenshoeYes
  • SponsorCITIC Securities (Hong Kong) Limited, Citigroup Global Markets Asia Limited, CLSA Limited
  • Stabilizing ManagerCLSA Limited

Source Longsys

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