Company News

Huatai Financial Assists Binjiang Service's Listing on the HKEX Main Board

On March 15, 2019, Binjiang Service (3316.HK ) was successfully listed on the main board of the Hong Kong Stock Exchange. It was the first property management company to enter the Hong Kong capital market in 2019.

Binjiang Service issued 66.7 million shares worldwide at an issue price of HK$6.96 per share, raising a total amount of HK$464 million (before the exercise of the over-allotment option).

Huatai Financial is the joint bookrunner and joint lead manager of this listing project. After the listing of A-Living and Xinchengyue Holdings, Huatai Financial once again successfully assisted a property management enterprise to land in the Hong Kong capital market. On the first day of listing, the closing price of Binjiang Service was HK$7.32 per share, an increase of 5.17%, which was favored by investors.