Qingmu Digital Raises $159 Million in Shenzhen IPO
Mar 31, 2022
06:18 PM EST, 03/08/2022 (MT Newswires) -- Qingmu Digital Technology (SHE:301110) has raised 1 billion yuan ($158.6 million) from its initial public offering on the Shenzhen Stock Exchange's ChiNext board. The Chinese brand retail services provider sold 15.9 million shares out of the 16.7 million shares that it offered in the online and offline subscriptions, it said on Tuesday. A total of 666,666 shares were placed to strategic investors. The shares were issued at a price of 63.10 yuan apiece. The company will be listed under stock code 301110 and stock name Qingmu. The content in this article is intended for general circulation and informational purposes only. It does not take into account the investment objectives, financial situation or needs of any particular person and should not be relied on as advice or recommendation. Information provided in this article are not specifically intended for or specially targeted at the public in any specific jurisdiction. Neither Moomoo Inc. nor its affiliates are licensed Financial Advisers and do not provide financial advice. You are advised to consult your financial adviser before making any commitment to invest in any capital markets product. The information published is not and does not constitute or form part of any offer, invitation or solicitation to subscribe or to enter into any transaction in capital markets products. FAQ
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