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Chinese optical components maker Zhongji Innolight has priced its Hong Kong share sale at HK$980 per share, raising HK$53.41 billion in the city’s largest equity offering in nearly seven years. The AI infrastructure supplier plans to use the proceeds for R&D, manufacturing expansion and acquisitions, with trading set to begin on July 30.
Slovak central bank governor Peter Kazimir warned that the European Central Bank may need to raise interest rates at least once more to control inflation. He stressed that geopolitical risks and rising energy costs could force the ECB into further monetary tightening beyond current market expectations ahead of September.
The basis of allotment for the Indo-MIM IPO is expected to be finalized today, with the stock set to list on July 30. Following a strong subscription of 72.34 times, the grey market premium stands at 39%, reflecting significant investor interest ahead of the company’s stock market debut.
The basis of allotment for the Rs 1,101 crore Lohia Corp IPO is expected to be finalized today, July 28. Investors can check their allotment status on MUFG Intime India, BSE, or NSE. The IPO, which was subscribed 7.25 times, is slated to list on July 30.
Xtranet Technologies is set to finalise its IPO allotment today, with the stock scheduled to list on July 30. The Rs 166.80 crore issue was subscribed 12.24 times, led by strong demand from NIIs. The grey market premium stands at Rs 8, indicating a potential 6% listing gain over the upper issue price of Rs…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…