Befar Group (06745.HK): Slumps 21.55% on Trading Debut at HK$2.73
NewTimeSpace News: Befar Group (06745.HK) commenced trading on HKEX today. The final offer price was fixed at HK$3.48. As at press time, the stock traded at HK$2.73, down HK$0.75 or 21.55% against the final offer price.
NewTimeSpace News: Befar Group (06745.HK) was listed on The Stock Exchange of Hong Kong Limited on 10 July 2026. As at press time, its share price stood at HK$2.73, representing a decrease of HK$0.75 or 21.55% compared with the final offer price.
The final offer price was set at HK$3.48 per share, within the indicative offer price range of HK$3.05 to HK$3.59, with a board lot of 1,000 shares. A total of 352,126,000 offer shares are under the global offering, comprising 35,213,000 shares for Hong Kong public offering and 316,913,000 shares for international offering. Gross proceeds from the global offering are approximately HK$1.225 billion, while net proceeds after deducting listing expenses stand at roughly HK$1.160 billion.
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