The IPO of ALSCO POOLING received 5,297.23 times subscription, with a first-hand winning rate of only 0.04%

ALSCO POOLING (02649.HK) announced the results of its IPO, with the Hong Kong public offering receiving 5,297.23 times subscription, and the winning rate for one board lot (500 shares) was only 0.04%. The international offering recorded 4.2 times subscription. The final offer price is HKD 11, which is the lower limit of the price range, raising a net amount of HKD 176 million. The shares are expected to be listed on Monday (9th).

Chinese circular packaging service provider ALSCO POOLING plans to globally offer 20.336 million shares, with the public offering accounting for 10%. The offer price ranges from HKD 11 to HKD 14. The sole sponsor is CITIC Securities International