Stocks
IPO
What is a sponsor
What is the listing hearing of an IPO
What is an initial public offering
The uniqueness of listing by way of introduction
IPO roadshow: a survey of Investment intentions
What is a red herring prospectus
What are different rights on the same stock
What is the subscription multiple
Is the new encyclopedia "top mallet" a mallet
What is the price of admission fee for new shares encyclopedia in Hong Kong
How is the distribution between the public offering and the international placement of the new shares encyclopedia
New encyclopedia, margin show, new stock: small capital to make a big profit
What is the black word of the new encyclopedia
Green shoes: the Operation of "protecting disk" for Market stabilizing Merchants
Warrants
Option
New shares in Hong Kong are generally divided into two parts: international placement and public offering. 90 per cent of the shares are allotted internationally. Sponsors and underwriters are investment banks or brokers who allot shares to more powerful funds, institutions or individual clients. Generally speaking, such clients have to have an asset value of more than HK $30 million or a portfolio of more than HK $8 million to qualify for placement. The other 10% is a public offering for all investors to subscribe for.
If the public offering is very hot (oversubscribed multiple), it will be refunded to the public for sale in the international market, for example, more than 100 times, 50% will be redialed to the public offering, then the international placing and the public offering will become 50% each. Here gem and motherboard are the same callback mechanism.