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MICROPORT NEURO (02172.HK) Oversubscribed by Over 44x; One-lot Success Rate Merely 4.88%

AASTOCKS ·  Jul 13, 2022 22:20
MICROPORT NEURO (02172.HK), a spin-off from MICROPORT (00853.HK), announced that the offer price for its Hong Kong IPO has been set at $24.64 per share. The Hong Kong public offering was oversubscribed by about 44.27x. One-lot (1,000 shares) success rate was merely 4.88%. The stock is set to go public tomorrow (15th), with JPMorgan and CICC as the joint sponsors.
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