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<IPO>HESAI-W (02525.HK) Margin Oversubscribed by ~118x
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Lidar manufacturer HESAI-W (02525.HK)(HSAI.US) will close its public offering today (11th) at noon.

With reference to broker data, as of around 9 AM today, the cumulative margin loan amount topped HKD46 billion.

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Based on the maximum fundraising amount of approximately HKD387.6 million for the public offering portion, the margin was oversubscribed by 117.77 times.
AASTOCKS Financial News
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