Subscription multiples for dual listing exceed 3447 times! Shanghai Auntie (02589.HK) listed in Hong Kong is highly sought after.

According to the news from the Wise Financial APP, following the listing of Guming in February, Mitai Group in March, and Ba Wang Tea Princess in April, another tea drink company will be listed on the capital market in May. According to data from Futu Securities, as of May 6th, the oversubscription rate of Shanghai Auntie (02589.HK) reached 3447.33 times, with a subscription amount exceeding 94 billion Hong Kong dollars, leading to a rise in the recent tea drink sector of the Hong Kong stock market. According to the plan, the company will announce the lottery results on May 6th, the gray market will open in the afternoon on May 7th, and the company will officially be listed and start trading on the Hong Kong Stock Exchange on May 8th as scheduled.