trending Market Intelligence /marketintelligence/en/news-insights/trending/sQs2fETQL4NKHiH_f2wILw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Huijing debuts on HKEx

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Huijing debuts on HKEx

Huijing Holdings Co. Ltd. began trading for the 788.1 million shares comprising its IPO on the main board of the Hong Kong stock exchange Jan. 16, under stock code 9968.

The offer price is HK$1.93 per share, according to a Jan. 15 media release.

The 78,810,000 public offer shares initially offered by the company for subscription have been 0.32× undersubscribed, with 3,180 total valid applications received for a total of 25,354,000 public offer units. Further, the 709,290,000 shares initially offered for placing were slightly oversubscribed, with a total of 832,095,860 units, representing 117.3% of the units offered primarily.

Huijing estimates the net proceeds from the offering to be at around HK$1.39 billion, assuming the overallotment option is not exercised.

About 55% of the net proceeds are intended to be used to fund development costs for certain urban renewal projects, while the remaining will be for the development and construction costs of existing property projects, the repayment of existing borrowings, the developer's working capital and general corporate purposes.

According to the prospectus of the offering released Dec. 31, 2019, China Industrial Securities International Capital Ltd., China Merchants Securities (HK) Co. Ltd., GF Securities (Hong Kong) Brokerage Ltd., Glam Capital Ltd., Great Roc Capital Securities Ltd., Guosen Securities (HK) Capital Co. Ltd., Haitong International Securities Co. Ltd. and Zhongtai International Securities Ltd. are the joint book runners of the offer.

Joint global coordinators include China Galaxy International Securities (Hong Kong) Co. Ltd., CCB International Capital Ltd., CMB International Capital Ltd. and Guotai Junan Securities (Hong Kong) Ltd.

As of Jan. 15, US$1 was equivalent to 6.89 Chinese yuan.