IPO News | Weiyi Intelligent Manufacturing (03275)'s next day financing subscription amount exceeded HK$419 million and more than quadrupled

Zhitong Finance App News, Weiyi Intelligent Manufacturing (03275) has entered its second day, and market subscription popularity continues to rise. As of the close of trading on October 21, Futu Securities statistics showed that the company's public sale financing subscription multiplier had reached 5.24 times, with a total corresponding financing subscription amount of about HK$419 million. It is worth noting that in the context of the overall cooling of the Hong Kong stock IPO market due to strong regulatory developments, the company's current subscription performance is clearly ahead of other companies offering shares during the same period.

Among them, Tiger International ranked first with a financing subscription amount of HK$88.46 million; Futu Securities followed, with a subscription scale of HK$86 million; Phillip Securities and Yingli Securities also had subscription amounts of HK$81 million and HK$64.1 million respectively. Institutions such as TradeGo Markets, Huatai International, and Changqiao Securities also participated in the subscription simultaneously, and multi-channel funding was deployed simultaneously.

Market analysis indicates that as the stock acquisition process continues to advance, there is still room for further growth in subsequent subscription funds, and the company's final capital freeze and oversubscription situation are worth continuing to track.