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<IPO>XIZHI TECH-P (01879.HK) Entry Fee $2,775.71; Cornerstone Investors Include Temasek/ BABA-W/ Others
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XIZHI TECH-P (01879.HK) started its IPO today (20th), with a global offering of approx. 13.7952 million shares, including about 689,800 shares for the Hong Kong offering.

The offer price ranges from $166.6 to $183.2 per share, while the entry fee for a board lot of 15 shares is $2,775.71. The IPO period will run until Thursday (23rd), and the shares are expected to be listed next Tuesday (28th). CICC and Guotai Haitong are its joint sponsors.

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The Company introduced cornerstone investors subscribing for shares worth $1.644 billion, including BABA-W (09988.HK)'s Alibaba Investment, BlackRock(BLK.US), Temasek, UBS AM and LENOVO GROUP (00992.HK), etc..
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