The balloting results is out for China Jinjiang but CICC is probably not so "experienced" with our local regulations and the launch is delayed till 2pm. There were any announcements and the following were sourced from the Straits Times.
Everyone who subscribed for the public tranche will be allotted some shares. The bulk goes to investors who subscribed for 50,000 shares and they will be allotted 38,000 shares.
The substantial placement holders are listed above. You decide for yourself if these are "good" names.
There will be some stabilization exercise due to the over-allotment. Good luck to those have the shares.
Subsequent to its advertisement, it made the following changes and delayed the launch from 9am to 2pm...
Happy IPOing
Comments
I have been asked by my broker whether I'm interested in it.
Thanks.