03611 Huafang Group

Watchlist

2.330

+0.040+1.75%

Trading Session 02/01 13:57 CCT

High

2.320

Open

2.290

Turnover

245.78K

Low

2.240

Pre Close

2.290

Volume

108.00K

Intraday

Price Forecast

Comment

Announcement

A number of Hong Kong stock IPO enterprises have not exercised the over-allotment options, and the future market is expected to get new development with the recovery of Hong Kong stocks.
Recently, a number of Hong Kong-listed IPO companies issued a notice that the stable price period is over and the over-allotment rights have not been exercised during the stable period. As stated in the Huafang Group (03611) notice, the price stabilization period ended on January 4, 2023 (that is, the 30th day after the deadline for submitting applications for Hong Kong public offering). As there is no over-allotment of shares under the international offering, the joint global coordinator and the overall coordinator (for himself and on behalf of the international underwriter) have not exercised the over-allotment option, and the price stabilizer, its affiliates or anyone acting on its behalf did not conduct a prospectus for the global offering during the period of price stabilization.
01-05 07:52 ET

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Company Overview More

Huafang Group is an influential Internet company in China. It has a diverse product and service matrix, and has been ranked among the top 100 Internet companies in China for 5 consecutive years. It mainly focuses on live entertainment and social networking services. It has more than 20 domestic and international products such as peppercorns, six rooms, milk candy, HOLLA, and Monkey, which serve users around the world. In the future, the Group will continue to provide users with diverse products and services, always adhering to the mission of “using technology to connect with each other and let companionship deliver beauty”, and is committed to building an online social entertainment ecosystem with global influence to provide users with more products and services oriented to the digital world.

CEO： Hongyi Zhou

Market： Hong Kong motherboard

Listing Date： 12/12/2022

Paper Trade More

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