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The company’s offer price increased by 5.5 percent from its previous day’s close. Asian fashion, lifestyle, cosmetics, and entertainment products are sold on an e-commerce platform. YesAsia Holdings Limited made a successful debut on The Stock Exchange of Hong Kong Limited’s Main Board, with its initial public offering exceeding expectations. Originally, the business planned to sell 39,540,000 new shares (Offer Shares) at a price range of $3.00 to $3.33 per share. About 35,586,000 Shares, or 90% of the Offer Shares, will be offered for placement with institutional and professional investors (International Offering), while 3,954,000 Shares, or 10% of the Offer Shares, will be available for public subscription in Hong Kong (Hong Kong Public Offering). However, the Hong Kong Public Offering was about 145.3 times subscribed as part of the Global Offering, while the International Offering was moderately oversubscribed. The offer price per share was fixed at $3.28. The total number of Offer Shares available under the Hong Kong Public Offering will be 19,770,000, representing 50% of the total number of Offer Shares initially available under the Global Offering, while the number of Offer Shares available under the International Offering Placing will be adjusted to 19,770,000. In the meantime, the company’s shares were offered at $3.28 per share, with a first-day closing price of $3.46 per share, a 5.5 percent rise. Get Hong Kong Business sent straight to your inbox. Your e-mail address is required. Since you’ve arrived, there are a variety of ways you may collaborate with us to promote your business and interact with your customers. Our team can assist you in planning and executing a print and digital advertising campaign, as well as on our website and in print magazines. We can also host a live or virtual event for you, bringing in thought leaders and industry leaders who could be possible partners. We also conduct certain awards programs that allow you to be acknowledged for your accomplishments throughout the year, and you can participate or sponsor them. Allow us to assist you in moving your business forward with the support of a good collaboration! I’d like to have a copy of Gaurav Mehra’s media kit on looking at digitalization from the eyes of customers, which he co-wrote. To be able to produce value that can be sustained, it’s critical to plan and develop digital efforts with the end-customer in mind./nRead More

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