20 times times oversubscribed for public sale of Minsheng H-shares

Source: Internet
Author: User
Keywords Investors Minsheng Bank Hong Kong dollar renminbi
Tags international investors media public the public
Hong Kong media reported that this year, the largest number of new shares in Hong Kong-Minsheng Bank H shares (600016) on the public offering since 13th, nearly 20 times times the same day oversubscribed.  The international placing portion has also been oversubscribed for nearly 5 times times. CMBC issued 3.3217 billion H-shares, 95% for international investors and 5% for retail investors. Minsheng Bank's share price range of HK $8.5-HK $9.5 (about 7.49 yuan-8.37 yuan), according to the plan, its 13th to 18th in Hong Kong public offering, 19th pricing, 26th listing. Minsheng Bank shares closed at 8.09 yuan in Friday, rising 1%.
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