ZHONGJI INNOLIGHT (03308.HK): Public Offer Closes Today, Margin Subscription Hits HK$71.99014 Billion
NewTimeSpace News: The public offer of Zhongji Innolight (03308.HK) closes today (27 July). As of 14:00, margin subscription amounted to approximately HK$71.99 billion. The public offer fundraising target stands at HK$5.505 billion, representing an over-subscription rate of roughly 12.08 times. The maximum offer price is HK$1,010 per share, with each board lot comprising 50 shares and an entry cost of about HK$51,009.29. Listing is scheduled for 30 July.
NewTimeSpace News: The public offer of Zhongji Innolight (03308.HK) closed on 27 July 2026. Grey market trading is expected to commence on 29 July 2026, and formal listing will take place on 30 July 2026.
According to the prospectus, the maximum offer price is HK$1,010 per share. A total of 54.5 million shares are offered, including 5.45 million shares for public offer. Each board lot consists of 50 shares, with an entry cost of roughly HK$51,009.29. The fundraising size stands at approximately HK$54.5 billion.
Market subscription sentiment remains robust. As of 14:00, margin subscription totalled about HK$71.99 billion. Against the public offer fundraising amount of HK$5.505 billion, the over-subscription rate reaches approximately 12.08 times.
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