Chongqing Hongjiu Fruit Products Co., Ltd. launched the IPO, and Ali held the stock to sprint "the first share of fruit sales"
Chongqing Hongjiu Fruit Co., Ltd. (hereinafter referred to as "Hongjiu fruit") launched its IPO on August 24 and ended on August 29. After successfully landing in Hong Kong stock market, it will become the "first share of Chinese fruit sales".
Hongjiu fruit, a fruit supplier from Southwest China, started listing in Hong Kong last year. The company's shareholders include Alibaba and other well-known institutions. In this IPO, Hongjiu fruit intends to sell 14.0125 million H shares globally, with Hong Kong public offering accounting for 10%, international offering accounting for 90%, and 15% over allotment rights. The offer price of each share is HK $40 to 52, and each lot is 100 shares.
The company's H shares will be traded on the Hong Kong Stock Exchange on September.
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