Southbound capital continues to flow in, and going out to ask (2438.HK) is expected to resonate with Beta and Alpha

Since April, Hong Kong stocks have seen a relatively rapid rebound. The Hang Seng Index maintained an upward trend for four consecutive weeks, and this week set a new record for the year, reaching 19602.24 points. This is the first time since nine months ago that it has broken the 19,000 mark. Regarding predictions of future trends in Hong Kong stocks, macro analyst Hong Hao is optimistic about the future trend of Hong Kong stocks. He pointed out that if the Hong Kong Stock Connect dividend tax relief policy currently circulating is confirmed, the overall valuation of Hong Kong stocks is expected to increase by at least 30%. This will not only attract more capital inflows, but will also further boost market confidence and drive up stock prices. 1. Technology sector bet

Gelonghui FinanceMay 24 05:29 ET

Go out and ask: partial exercise of over-allotment rights, price stabilization actions, and end of the price stabilization period

Go Out and Ask (02438) announced that the over-allotment rights described in the prospectus were partially exercised by the overall coordinator (for himself and on behalf of the international underwriter) on May 19, 2024 (Sunday), involving a total of 10.427 million shares, which is equivalent to about 12.33% of the total number of shares initially available for subscription under the global offering before any over-allotment rights are exercised. Overallotted shares will be subject to the company's price of HK$3.80 per share (that is, the sale price of each share under the global offering, excluding 1% brokerage commission, 0.0027% SFC transaction levy, 0.00015

新浪港股May 19 19:43 ET

Go out and ask (02438.HK): The partial exercise of over-allotment rights involved a total of 10.43 million shares

On May 19, GLONGHUI (02438.HK) announced that the over-allotment rights described in the prospectus were partially exercised by the overall coordinator on May 19, 2024, involving a total of 10.43 million shares, which is equivalent to about 12.33% of the total number of shares initially available for subscription under the global offering before any overallotment rights are exercised. Over-allotted shares will be issued and distributed by the company at a price of HK$3.80 per share. The overallotted shares will be used to induce China International Finance Hong Kong Securities Limited (price stability operator) to return the basis to MobvoiAgilimited

Gelonghui FinanceMay 19 06:10 ET

Go out and ask (02438): Partial exercise of over-allotment rights, price stabilization actions, and end of the price stabilization period

Go out and ask (02438) issued an announcement. The over-allotment rights described in the prospectus were already on May 19, 2024 (...

Zhitong FinanceMay 19 06:07 ET

Mobvoi Shares Drop 19% on Hong Kong Debut

Mobvoi Shares Drop 19% on Hong Kong Debut

Dow JonesApr 23 22:40 ET

Go out and ask about today's listing in Hong Kong, becoming the “first AIGC share” in the Hong Kong stock market

Go Out and Ask (2438.HK) was listed in Hong Kong for the first time today, becoming the “first AIGC share” in the Hong Kong stock market. If you go out and ask, the price of the IPO was HK$3.8 per share, and the public sale was nearly 118 times subscribed.

Gelonghui FinanceApr 23 21:54 ET