HK IPOs heat up as Inke, Tianli hit the road

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By Jonathan Breen
28 Jun 2018

Chinese mobile streaming platform Inke hit the road with its Hong Kong IPO this week armed with anchor demand as it seeks up HK$1.5bn ($192.6m).

The company is looking to float 302.3m primary shares, representing 15% of its enlarged equity capital. 

Inke is offering the stock at HK$3.85-HK$5 apiece, eyeing a take of HK$1.2bn-HK$1.5bn. The deal also has a 15% greenshoe of 45.4m primary shares. The base offer will give Inke a market ...

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