Shoe Adhesives Xing Qian Chemical Subscription Continues To Heat Up

07, 31,

According to Hongkong media reports, the footwear industry adhesive manufacturer Xing Qian chemical (0640) yesterday was the second day of the prospectus, coincides with the big city many days after rising, callback, still without prejudice to its subscription continues to heat up.

7, the total amount of subscription made by the broker is 382 million yuan, which is nearly 40 times that of the public offering of oversubscriptions.

According to Reuters, after the Agricultural Bank of China (1288), AIA was invited to join the underwriting camp and become the fourth global coordinator.

AIA intends to invite Citigroup to join the underwriting group

The city has received the Cheung Kong (0001) subscription to the star Qian chemical industry. The public offering only raised 9 million 400 thousand of the total investment, and nearly 7 times the purchase price of the 7 subscriptions.

After Xing Qian, next week there will be a roadshow in western London, which is listed on AIM in London. The company is tentatively scheduled for public offering in August 9th and will be listed on the 19 day.

Twists and turns

This Thursday was included in the MSCI index. The Bank of agriculture, which came into effect yesterday, believes that because of the deployment of the fund ahead of schedule, the stock price continued to call back yesterday.

The stock closed at 3.5 yuan, or nearly 2%.

According to the HKEx disclosure, one of the sponsors of the Bank of agriculture, Goldman Sachs, took the market on Monday, and the average price was 3.27 yuan on the same day, reducing about 172 million shares, involving a total investment of about 560 million yuan.

Goldman Sachs increased its holdings of about 189 million shares at a price of 3.2 yuan last Monday when ABC shares were out of stock.