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On December 5, Meet Xiaomian was listed on the Hong Kong Stock Exchange. Breaking on the first day of listing, the stock price plummeted 27.84% to HK$5.08 per share, with a total market value of HK$3.6 billion. Before the opening of the market, the stock price plummeted by more than 40%, and the intraday stock price once fell by nearly 30%. According to the prospectus, Meet Xiaomian issued a total of 97.364,500 H shares, accounting for 13.7% of the total share capital after issuance. The issue price was HK$7.04 per share, and the total issuance scale reached HK$685 million. The Hong Kong public offering was 425.97 times subscribed, accounting for about 10% of the total number of shares offered globally, while the international offering was 4.99 times subscribed.

Zhitongcaijing·12/05/2025 10:01:06
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On December 5, Meet Xiaomian was listed on the Hong Kong Stock Exchange. Breaking on the first day of listing, the stock price plummeted 27.84% to HK$5.08 per share, with a total market value of HK$3.6 billion. Before the opening of the market, the stock price plummeted by more than 40%, and the intraday stock price once fell by nearly 30%. According to the prospectus, Meet Xiaomian issued a total of 97.364,500 H shares, accounting for 13.7% of the total share capital after issuance. The issue price was HK$7.04 per share, and the total issuance scale reached HK$685 million. The Hong Kong public offering was 425.97 times subscribed, accounting for about 10% of the total number of shares offered globally, while the international offering was 4.99 times subscribed.