CoinDesk.com消息,长鑫科技 announced that its STAR Market IPO fundraising amount will be doubled to 57.9B yuan. Retail investors can participate in the online subscription on July 16, and the issue price has been set at 8.66 yuan per share. If all over-allotment options are fully exercised, the fundraising amount will increase to 66.61B yuan, becoming Asia’s largest IPO this year and the largest semiconductor IPO by size in A-share history.长鑫科技’s over-the-counter market capitalization has already reached 3.8 trillion yuan; the current contract price is 8.48 USD. After the offering, the total number of shares is about 38k, corresponding to a market value of 3.8 trillion yuan.

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GateUser-0f8d377b
· 2h ago
The 8.66 issue price versus the over-the-counter $8.48 contract price is a bit interesting—new-issue participants need to figure out the exchange rate and liquidity premium clearly.
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AvocadoYieldRate
· 2h ago
July 16 subscription: retail investors can finally take part in a hard-tech giant, but if the full over-allotment is executed, there’s quite some pressure on the circulating supply, and short-term volatility is expected to be pretty intense.
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