EACON Group Co., Ltd. (07687.HK): IPO Subscription Opens Today; Entry Fee Around HK$4,440.34
NewTimeSpace News: EACON Group Co., Ltd. (07687.HK) launches its public offering subscription on 29 June, with each board lot consisting of 50 shares and an entry fee of approximately HK$4,440.34. The indicative offer price range stands at HK$81.16 to HK$87.92 per share. Around 26.13 million shares will be offered globally, and the Company is expected to be listed on 8 July. The issuer has introduced 11 cornerstone investors including ZIJINNING, Fidelity International and JPMAMAPL. Calculated at the median offer price of HK$84.54, the aggregate subscription amount totals roughly HK$141 million, accounting for approximately 50% of the total global offer shares.
NewTimeSpace News: EACON Group Co., Ltd. (07687.HK) opens its public IPO subscription on 29 June 2026, with its listing scheduled for 8 July 2026.
According to the prospectus, the indicative offer price ranges from HK$81.16 to HK$87.92 per share. Each board lot contains 50 shares, with an entry fee of about HK$4,440.34. The total number of global offer shares is approximately 26.13 million, of which roughly 2.61 million are reserved for Hong Kong public offering, and the estimated total fundraising size reaches HK$2.072 billion.
In terms of cornerstone placement, based on the median offer price of HK$84.54, the Company has secured 11 cornerstone investors namely ZIJINNING, Aurora SF, Fidelity International, JPMorgan, Indus Funds, Jain Global, REGAL, CDH and Seven Grand. They will collectively subscribe for around 13.066 million shares with a total consideration of HK$141 million, representing approximately 50% of all global offer shares.
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