Quote | Super Quote
IPO   |   IPO News   |   Listed IPO Information   |   Hot Listed IPO
Stock Code   IPO News IPO Timetable
IPO Detail
06611 三巽控股集團
Sanxun Holdings Group
Listing Date2021/07/19
Listing Price4.750
 
Quote
  • 4.460 0.000 (0.000%)    Sink Below Listing Price
  • 15-min delayed, last update: 21/09/2021 17:59
Subscription Result
  • Subscription Rate
    3.22x
  • Guarantee One Lot Size
    4 lot
  • One Lot Success Rate
    35%
COMPANY PROFILE

Sanxun Holdings is a real estate developer in the PRC focusing on the development and sales of residential properties. Headquartered in Shanghai and deeply rooted in Anhui Province, it has established its presence in the Yangtze River Delta.

As of April 30, 2021, the Group had a total of 44 projects at various stages of development, covering 12 cities in three provinces with an aggregate land bank of 4.3 million sq.m., composed of completed GFA of completed properties of 0.24 million sq.m., GFA of properties under development of 3.45 million sq.m. and GFA of properties held for future development of 0.61 million sq.m., respectively.

At the early stage of development, the Group mainly focused on the property markets in lower-tier cities and their surrounding cities with relatively low urbanization rate, while in recent years it commenced expanding into the property markets in second-tier cities.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureProperties
Major Business AreaChina
Websitewww.sanxungroup.com
Board Lot1000
GLOBAL OFFERING
No. of Offer Shares165m shares
No. of International Offer Shares149m shares
No. of HK Offer Shares16.50m shares
Offer Price$3.30 - $5.20
Registrar & Transfer OfficeComputershare Hong Kong Investor Services
Stock Code6611
Sponsor(s)CCB International Capital Limited
Underwriter(s)CCB International Capital Limited; CRIC Securities Company Limited; BOCOM International Securities Limited; Futu Securities International (Hong Kong) Limited; I Win Securities Limited; Valuable Capital Limited
TIME TABLE
Application PeriodJun 30 (Wed) - Noon, Jul 12 (Mon)
Price Determination DateOn or Before 5pm, Jul 12 (Mon)
Result Announcement DateOn or Before Jul 16 (Fri)
Dispatch of Shares and Refund ChequesOn or Before Jul 16 (Fri)
Dealings in Shares commence onJul 19, 2021. (Mon)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
DIRECTORS
ExecutiveQian Kun (Chairman), An Juan, Wang Zizhong, Zhang Xiaohui
Independent Non-ExecutiveChan Ngai Fan, Chen Sheng, Zhou Zejiang
MAJOR SHAREHOLDERS
Director Qian Kun65.55%
Qian Bing5.70%
INCOME STATEMENT (RMB'000)
(Year ended Dec 31)
202020192018
Revenue3,946,0913,108,726723,914
Gross Profit1,064,961978,617206,838
Pre-Taxed Profit643,289682,64487,804
Attributable Profit for the period367,253442,12157,623
OFFER STATISTICS (HK$)
Offer Price$3.30 - $5.20
Capitalization$2,178m - $3,432m
Unaudited pro forma adj NAV / share$2.44 - $2.90
USE OF PROCEEDS
Assuming the offer price being at the mid-point of $4.25, the net proceeds raised would be HK$620.6m, of which:
* $372.4m (60.0%) to use for construction costs for the development of existing property projects;
* $186.2m (30.0%) to use for land acquisition; and
* the balance of $62.1m (10.0%) as additional working capital.
RELATED STOCK COMPARISON
Code Name Nominal Change %Change
00563SH IND URBANunchange0.6300.0000.000%
00754HOPSON DEV HOLDdown26.200-0.350-1.318%
00755SHANGHAI ZENDAIdown0.041-0.001-2.381%
00813SHIMAO GROUPup14.1400.7605.680%
00845GLORIOUS PPT Hup0.2140.0041.905%
00960LONGFOR GROUPup31.4500.2500.801%
01838CHINAPROPERTIESunchange0.4150.0000.000%
01862JINGRUI HLDGSup2.1600.0401.887%
01966CHINA SCE GROUPup2.5300.0602.429%
02599SHINSUN HOLD GPup4.9000.0501.031%
02772ZLKGup4.0800.0100.246%
03301RONSHINECHINAup3.4500.0200.583%
06111DAFA PPTdown5.100-0.300-5.556%
06611SANXUN GROUPunchange4.4600.0000.000%
06968GANGLONG CHINAup4.1600.0300.726%
15-min delayed, last updated: 21/09/2021 17:59
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
IPO Calculator
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --
Offer Price︰--
Currency :
Listing Price :
Board Lot :
Admission Fee*
:
Subscribing Lot :
Subscribing Fee :

Subscribing Amount :
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027% and Stock Exchange trading fee of 0.005% (i.e. 1.0077% in total).
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.