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02117 大唐集團控股
Datang Group Holdings
Listing Date2020/12/11
Listing Price4.560
  • 4.070 -0.080 (-1.928%)    Sink Below Listing Price
  • 15-min delayed, last update: 02/12/2021 17:59
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Datang Group Holdings is a property developer in China focused on the development of residential and commercial properties. The Group have expanded its business into mainly six economic regions in China, including the Western Taiwan Strait Economic Region, Beibu Gulf Region and Neighboring Cities, Beijing-Tianjin-Hebei Region, Midstream Parts of the Yangtze River Region, Yangtze River Delta Region and Chengdu-Chongqing Region.

The Group develop commercial properties, including office buildings, hotels, shopping centers and others. It holds a portion of our commercial properties for long-term investment.

As of August 31, 2020, it had 105 property development projects at various stages of development, including 68 projects developed by its subsidiaries and 37 projects developed by its joint ventures and associates. Its projects had an aggregate GFA attributable to us of approximately 11.2 million sq.m., including the total GFA available for sale and total leasable GFA for completed properties of approximately 1.0 million sq.m., the total GFA for properties under development of approximately 7.2 million sq.m. and the total GFA for properties held for future development of approximately 3.0 million sq.m.

MarketHong Kong (Main Board)
Business NatureProperties
Board Lot1,000
Registrar & Transfer OfficeTricor Investor Services
No. of Offer Shares333m shares
No. of International Offer Shares300m shares
No. of HK Offer Shares33.34m shares
Offer Price$3.60 - $4.60
Nominal ValueUS$ 0.01 each
Stock Code2117
Sole SponsorICBC International Capital
Sole Global CoordinatorICBC International Capital
Joint BookrunnersICBC International Capital, ABCI Capital, BOCOM International Securities, CCB International Capital, CMB International Capital, Essence International Securities (Hong Kong), Guodu Securities (Hong Kong), Guotai Junan Securities (Hong Kong), Haitong International Securities, Vision Capital International Holdings
Joint Lead managersICBC International Capital, ABCI Capital, BOCOM International Securities, CCB International Capital, CMB International Capital, CRIC Securities, Essence International Securities (Hong Kong), GLAM Capital, Guodu Securities (Hong Kong), Guotai Junan Securities (Hong Kong), Haitong International Securities, Hongkong Rich & Fortune Securities, HTF Securities, Huajin Securities (International) , Livermore Holdings, Vision Capital International Holdings
Application PeriodNov 27 (Fri) - Noon, Dec 4 (Fri)
Price Determination DateOn or Before 5pm, Dec 4 (Fri)
Result Announcement DateOn or Before Dec 10 (Thu)
Dispatch of Shares and Refund ChequesOn or Before Dec 10 (Thu)
Dealings in Shares commence onDec 11, 2020. (Fri)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
ExecutiveWu Di (Chairman), Hao Shengchun, Tang Guozhong, Zhang Jianhua
Independent Non-ExecutiveQu Wenzhou, Xin Zhu, Tam Chi Choi
Dynasty Cook54.54%
Director Wu Di15.91%
(Year ended Dec 31)
2020 *20192018
Gross Profit416,4482,185,3731,525,293
Pre-Taxed Profit181,4191,407,8641,083,602
Attributable Profit for the period72,987710,256683,632
* For the six months ended June 30, 2020.
Offer Price$3.60 - $4.60
Capitalization$4,800m - $6,134m
Unaudited pro forma adj NAV / share$3.50 - $3.75
Assuming the offer price being at the mid-point of $4.10, the net proceeds raised would be HK$1,279.4m, of which:
* $767.7m (60.0%) use for financing its existing projects ;
* $383.8m (30.0%) use for repayment of bank borrowings ;
* the balance of $127.9m (10.0%) as additional working capital.
Code Name Nominal Change %Change
01966CHINA SCE GROUPup2.1200.0602.913%
02117DATANG GROUPdown4.070-0.080-1.928%
15-min delayed, last updated: 02/12/2021 17:59
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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