02516 FAR INTL
- 0.465
- -0.020-4.12%
FAR INTL News
泛遠國際：2023年年度報告
Far International CEO Retires; Chairman Assumes Role
Far International Holdings Group (HKG:2516) CEO Zhang Min has decided not to stand for reelection at the upcoming general meeting in May, according to a Tuesday Hong Kong bourse filing. Zhang will als
Fanyuan International (02516.HK) achieved total revenue of about 2.05 billion yuan in 2023
On March 26, Gelonghui International (02516.HK) announced that in fiscal year 2023, the Group will mainly provide three types of services, namely end-to-end cross-border distribution services, freight forwarding services and other logistics services. Total revenue reached approximately RMB 2.05 billion in fiscal year 2023, with a budget completion rate of 118.99%, up 63.41% year-on-year from fiscal year 2022; gross margin for fiscal year 2023 reached 7.67%, with a budget completion rate of 103.53%. Annual profit adjusted for listing fees reached approximately RMB 54.93 million. The budget completion rate was
Fanyuan International (02516) announced 2023 results. Profit attributable to owners of 27.349,000 yuan increased 6.14% year over year
Fanyuan International (02516) announced its 2023 results, with revenue of about 2,046 billion yuan, a year-on-year increase of 63...
FAR INTL: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Fanyuan International (02516.HK) plans to hold a board meeting on March 26 to consider and approve the annual results
Gelonghui, March 14, 丨 Panyuan International (02516.HK) announced that the board meeting will be held on March 26, 2024 (Tuesday) to consider and approve (among other things) the Group's annual results and announcements for the year ended 31 December 2023, and consider recommending payment of a final dividend (if any).
FAR INTL: NOTICE OF BOARD MEETING
Fanyuan International (02516.HK): Wei Ran was appointed as a non-executive director
Gelonghui, Feb. 2 | Fanyuan International (02516.HK) announced that Wang Tiantian resigned as a non-executive director due to other work arrangements, effective February 2, 2024. The Board of Directors announced that Wei Ran has been appointed as a non-executive director with effect from February 2, 2024.
Changes in Hong Kong stocks | Fanyuan International (02516) rose more than 16% at the end of the session, stable price period ended, and the company became a cross-border e-commerce logistics service provider
The Zhitong Finance App learned that Fanyuan International (02516) rose more than 16% at the end of the session. As of press release, it had risen 16.05% to HK$0.94, with a turnover of HK$6.21,1800. According to the news, Fanyuan International announced that the price stability period for the relevant share sale ended on January 18, 2024 (Thursday) (that is, the 30th day after the deadline for submitting applications for public sale). Furthermore, the sole overall coordinator confirmed that the placement did not overallocate shares. As a result, no over-allotment rights were exercised. According to reports, Fanyuan International is a cross-border e-commerce logistics service provider, mainly engaged in providing end-to-end services
Fanyuan International (02516.HK) Price Stability Period Ends and Over-Allotment Options Expiry
Fanyuan International (02516.HK) announced that the price stability period for the share sale ended on January 18, 2024 (Thursday) (that is, the 30th day after the deadline for submitting applications for public sale). The sole overall coordinator confirmed that there was no overallocation of shares in the placement. As a result, no over-allotment rights have been exercised. The company was advised by the price stabilization manager that no action was taken to stabilize the price during the price stabilization period. The company further announced that price stabilization managers (for themselves and on behalf of underwriters) did not exercise over-allotment rights during the price stabilization period, and that the over-allotment rights were on January 18, 2024 (week)
In the second half of cross-border logistics, Fanyuan International (02516), which was “supported” by Ali, may buck the trend
A potential stock that Ali “backs up”?
Parcel Delivery Sees Booming Growth
China's parcel delivery sector aims to handle a record 14.25 billion consignments this year, said a senior official with the national agency governing the industry.
FAR International Gains 10% in Hong Kong Debut
FAR International Holdings Group (HKG:2516) closed at HK$0.99 per share on Friday, 10% higher than its HK$0.90 initial public offering price. The Chinese cross-border e-commerce logistics service prov
[IPO] Fanyuan International (02516) reported an initial closing price of HK$1 11.11% higher than the IPO
Jinwu Financial News | Fanyuan International (02516) initially closed at HK$1, 11.11% higher than the IPO price. It traded 37.1 million shares throughout the day, with a turnover of HK$406.636 million. With no handling fees, each lot earns a book profit of HK$400 for each lot. The stock was reported at HK$1.3 in early trading, which was 44.44% higher than the offer price. The full day high was HK$1.32, and the lowest was HK$0.91. The latest total market value is HK$780 million.
The sale price per share of Fanyuan International was HK$0.9, and the public offering won 14.49 times the subscription
Fanyuan International (02516) announced the allotment results. The company sold 140 million shares globally, with public sales accounting for 10% and placement accounting for 90%. The final offering price was HK$0.9 per share, resulting in a net global offering of HK$66.89 million. Each lot is 4,000 shares. It is expected that stock trading will begin on the Stock Exchange at 9:00 a.m. on December 22, 2023 (Friday). Among them, the public sale received 14.49 times the subscription, and the placement received 1.04 times the subscription.
[IPO] Fanyuan International (02516) priced at HK$0.9, first-hand winning rate of 7.72%
Jinwu Financial News | Fanyuan International (02516) announced that the final sale price was set at HK$0.9 per share. The total amount of capital raised proceeds was approximately HK$126 million, with a net amount of approximately HK$66.89 million. The subscription amount for public sales is 14.49 times, and the subscription amount for international placement is 1.04 times. Each lot has 4,000 shares, and the first-lot winning rate is 7.72%. Only by subscribing for 20 lots can you win a steady hand.
IPO dark market | Fanyuan International (02516)'s dark market first rose more than 32% and earned nearly HK$1,200 per lot
Fanyuan International (02516) will be listed in Hong Kong on December 22 (Friday).
Cross-border e-commerce unveiled a listed logistics company
Cross-border e-commerce is one of the hottest fields today. At a time when domestic e-commerce has reached a peak and it is difficult to find new growth points, cross-border e-commerce has given sellers and platforms a new journey. Behind the crazy growth of cross-border e-commerce, cross-border logistics has also made great strides, and many companies are struggling to enter the capital market. Recently, the official website of the Hong Kong Stock Exchange revealed that Fanyuan International Holding Group Limited (“Fanyuan International”) passed the Hong Kong Stock Exchange listing hearing, and Zhongyi Capital Co., Ltd. was the sole sponsor. From December 12 to 19 is the prospecting period for Fanyuan International. It plans to sell 140 million shares globally, incense
Market Chatter: Three Hong Kong IPOs Seek to Raise HK$1.2 Billion
The initial public offerings of iMotion Automotive Technology (Suzhou) (HKG:1274), Henan Jinyuan Hydrogenated Chemicals (HKG:2502), and FAR International Holdings Group (HKG:2516) aim to raise a combi
[IPO] Zhongtai International to Fanyuan International (02516) “neutral” IPO rating indicates that only introducing individual investors as the cornerstone is rare
Jinwu Financial News | Zhongtai International said that cross-border e-commerce logistics service provider Fanyuan International (02516) has launched a stock offering. According to the bank, Alibaba is a shareholder of the company, which can attract market attention. However, China's cross-border e-commerce logistics industry is highly fragmented, and market competition is fierce. The company's market share is low. The company's revenue and profit performance have fluctuated in recent years, and the trend is yet to be verified. In terms of valuation, the company's adjusted price-earnings ratio falls into the middle of peer valuations. The IPO atmosphere has improved in recent months, but price stabilizers lack sufficient track record. The company only introduces individual investors as the cornerstone. Arrangements are rare in the market, and may not necessarily boost market confidence. So in summary
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