Tag: Pu’er
“The First IPO of Pu’er Tea” Lancang Tea Officially Listed on the Main Board of the Hong Kong Stock Exchange
Pu’er Lancang Ancient Tea Co., Ltd. (“Lancang Tea” or the “Company”, together with its subsidiaries, the “Group”; stock code: 6911.HK), one of the most famous Pu’er tea companies in China, officially listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) this morning. This Global Offering for Lancang Tea involves 21,000,000 Shares (assuming the Over-allotment Option is not exercised) at a final Offer Price of HK$10.70 per Offer Share. The gross proceeds of the Company from the Global Offering were HK$224.7 million. The Hong Kong Public Offer was oversubscribed ... Read more