Values Cultural (1740) said its initiral public offering is 1,210 times oversubscribed. The price at HK$2.02 was in line with its indicative offer price range. Shanghai Gench Education Group set its offer price at the bottom at HK$6.05. Kwung’s Holdings was oversubscribed by 16.6 times after pricing at the bottom of the indicative price range. SANVO Fine Chemicals was 36.7 times oversubscribed after pricing at HK$1.30 in the middle of its offered range.

Source: The Standard January 15, 2020 05:55 UTC