Current location - Loan Platform Complete Network - Loan intermediary - Wanda Commercial Properties is listed in Hong Kong. How many billion shares are expected to be issued?
Wanda Commercial Properties is listed in Hong Kong. How many billion shares are expected to be issued?

1. It is reported that Wanda Commercial Real Estate is issuing 600 million new shares this time, of which 570 million shares are international placements and about 30 million shares are publicly offered. The designated offering price range is between H shares per share. HKD 41.80-HKD 49.60.

2. On December 23, 2015, Wanda Commercial Real Estate was listed in Hong Kong. After the stock price opened flat, the increase did not exceed 1 as of 9:47. After waiting for five years in A-shares, Wanda turned to H-shares. Wanda Commercial Real Estate, a subsidiary of Dalian Wanda Group, submitted a prospectus to the Hong Kong Stock Exchange on September 16. It went on public sale on December 10 and was listed on the main board of the Hong Kong Stock Exchange on December 23. The offering price was set at HK$48. Dozens of institutions, including the Kuwait Investment Authority, subscribed 6 times. Valuation forecasts from multiple institutions show that the final valuation of Wanda Commercial Real Estate will be around RMB 300 billion.

3. After Wanda Commercial Real Estate is listed in Hong Kong, it will become the real estate developer with the highest market value in the country. The wealth of Wang Jianlin’s family may reach 95 billion yuan. Wanda Commercial Real Estate has raised nearly HK$30 billion in funding. According to the prospectus, the Wang Jianlin family directly and indirectly holds 62.7 shares of Wanda Commercial Real Estate; after listing, it will be diluted to 53.