Jingji Xuchuang is about to list on the Hong Kong Stock Exchange.

The upside for new share subscriptions is expected to be 30%.
Do you think you should go for it? Let’s break down the key points.

Key timeline:
Subscription acceptance starts on July 22
Trading officially begins on July 30
It can raise as much as HK$55 billion—if everything goes smoothly, it will become the largest IPO on the Hong Kong market in nearly seven years.

Joint lead managers handling the transaction: Goldman Sachs, CICC, Morgan Stanley, and GF Securities

Cornerstone investors include: BlackRock, Hillhouse, Temasek, Morgan Asset Management, Yunfeng Fund, etc., and they are expected to subscribe for nearly half of the shares.

The most most most core point:
Jingji Xuchuang’s current A-share price is 11.36 yuan RMB
The maximum issue price in Hong Kong is only HK$10.10 (about 8.75 yuan RMB)
Based on this calculation, the subscription upside is at least 30% to start with—the safety buffer is quite thick.