[ET Net News Agency, 23 June 2025] Shares of SANHUA (02050) opened at HK$20.95 in its
first trading day, or 7% lower than its offer price of HK$22.53.
The stock's IPO was 746.92 times oversubscribed, with a board-lot winning rate of 15%.
One lot was distributed for subscription of 20 lots.The price is based on the upper limit
of the offer price ranging from HK$21.21 to HK$22.53. (ed)