Sina Science and Technology News Morning News on August 11 ideal Automobiles issued an announcement at the Hong Kong Stock Exchange that the final selling price for both the international offering and the Hong Kong public offering was set at HK $118.00 per offering share. Assuming that the over allotment right has not been exercised, based on the issue price of HK $118.00 per share of the issued shares, the net amount of the global offering proceeds that the company will receive is estimated to be about HK $11.55 billion, and the retail portion is 5.5 times oversubscribed. The company's shares will start trading on August 12.
