BK1011 Fertilizers and Agricultural Compounds
- 728.393
- -9.072-1.23%
First day of IPO| MGM Group opened up 10.78% on the first day, with a total market capitalization of over HK$4 billion
In Futu's undermarket trading on the previous trading day, Migao Group closed up 17.89% to HK$4.81, with a turnover of HK$2,505,700, with a total market value of HK$4.329 billion; 1,000 shares per lot, without handling fees, earned HK$730 per lot.
Dark Market Information丨Mikao Group closed up 17.89%, earning HK$730 per lot
Futu News reported on March 20 that Migao Group closed high today, closing up 17.89% to HK$4.81, with a turnover of HK$2,505,700, with a total market value of HK$4.329 billion; 1,000 shares per lot, earning HK$730 per lot without handling fees.
Undermarket Information丨Migao Group is now up 7.84%, with a turnover of over HK$380,000
Futu News reported on March 20 that Migao Group (09879.HK) opened high today and is now up 7.84% to HK$4.40, with a turnover of HK$386,000 and a total market value of HK$3.96 billion.
The MGM Group is offering shares today. It is expected to be listed in Hong Kong on March 21, introducing cornerstone investments such as Paddy, Heart to Heart, and Harvest in October, with exclusive sponsorship from Guangfa
Migao Group (09879.HK), a leading potash company in China, will be offering shares from today (March 13) until next Monday (March 18). It is expected to be listed on the Hong Kong Stock Exchange on March 21, 2024, exclusively sponsored by GF. MGM Group plans to sell 225 million shares globally, 90% of which are international sales, 10% public sales, and 15% over-allotment rights. The sale price per share ranged from HK$3.30 to HK$4.30, with 1,000 shares per lot, raising up to HK$968 million. Assuming an offering price of HK$3.80 per share (median offer price range), MGM Group is expected to go public
The potash company “Migao Group” has passed the IPO hearing, or will soon be listed in Hong Kong, with exclusive sponsorship
On March 3, 2024, Migao Group Holdings Limited (“MGM Group”) from Gaoming District, Foshan, Guangdong, disclosed the prospectus after the hearing on the Hong Kong Stock Exchange, or was listed on the Hong Kong Main Board soon. It was submitted three times on July 6, 2022, February 28, 2023, and September 22, 2023.
Demand for spring farming led to a rebound in the urea market and repair profit margins, but far from the previous year|Industry News
① Spring cultivation and preparation for cultivation have been carried out one after another. Many urea manufacturers, such as Hualu Hengsheng, Sichuan Meifeng, Liuguo Chemical, and Lutianhua, raised the ex-factory price of urea products by about 50 yuan to 60 yuan/ton, and the price increase of urea prices was nearly 8% in the past month; ② Under high supply, urea prices were only 80% of the same period last year, and the profit margin was less than the same period last year.
Ministry of Civil Affairs: Increase the supply of old-age services and cultivate new forms of old-age services
Li Yongxin, head of the Department of Elderly Care Services of the Ministry of Civil Affairs, said at a press conference that in the next step, the Ministry of Civil Affairs will increase the supply of old-age services. Develop meal aid services for the elderly, guide all regions to implement action plans to actively develop meal aid services for the elderly, innovate organizational forms, service models and operating mechanisms for the elderly, and continuously expand the scope and improve quality and efficiency on a sustainable basis.
Rekindle the money-making effect? Inventory and outlook of Hong Kong stock IPOs
Along with expectations of valuation restoration, market sentiment is expected to gradually pick up, and new share purchases may become popular again.
MGM Group, China's top five potash company, updates its IPO prospectus and plans to go public in Hong Kong
On September 22, 2023, Migao Group Holdings Limited (“MGM Group”) from Gaoming District, Foshan, Guangdong submitted a prospectus on the Hong Kong Stock Exchange to be listed on the Hong Kong Main Board. This is another application after it was submitted and expired twice on July 6, 2022 and February 28, 2023.
Sinofert Holdings Reports 1H Results
Selected announcements | Jiumaojiu expects net profit to increase 2.8 times year-on-year in the first half of the year; Huazhu Group's average room revenue in Q2 exceeds that before the pandemic
CNOOC Yingxi: Expected medium-term net profit of 1.7 billion yuan to 1.73 billion yuan; COSCO Solar plans to build two ships at 3.33 billion yuan.
Featured Announcements | Meituan Announces $2,065 Million Acquisition of Big Model Company Lightyear; Gary Pharmaceuticals Plans to Repurchase Up to HK$200 Million of Shares
South China City announced annual results: net profit attributable to shareholders of HK$700 million, a year-on-year decrease of 7.9%; Tencent Holdings: On June 29, it spent HK$401 million to buy back 1.2 million shares.
Selected Announcements | Huahong Semiconductor's A-share IPO receives a strategic investment of 3 billion yuan in the second phase of the National Big Fund; Pacific Corp. plans to sell the US Coca Cola business for 3.9 billion US dollars
Lijin Technology announced annual results: revenue of HK$5.896 billion, up 10% year on year, with a final dividend of HK4.5 cents per share; Bosideng announced annual results: profit attributable to equity shareholders rose 3.7% year on year to about $2.139 billion, with a final interest rate of HK$13.5 per share; IGG's earnings report: Expected medium term net loss of about HK$400 million.
The top five customers of Mi Gao Group account for nearly 60%, and Liu Guocai is a wholly-owned shareholder
Michael Group, one of China's top five potash companies, submitted a prospectus to the Hong Kong Stock Exchange and plans to go public in Hong Kong as an IPO
On February 28, 2023, Migao Group Holdings Limited (“Migao Group” for short) from Gaoming District, Foshan, Guangdong submitted a prospectus on the Hong Kong Stock Exchange to be listed on the Hong Kong Main Board. This is another application after its submission became invalid on July 6, 2022.
The spin-off listing of Hong Kong stock companies is in full swing! There are many “Hong Kong Demolition A” cases, and the spin-off listing is showing two-way interaction
As far as the mainland and Hong Kong stock markets are concerned, spin-offs and listings are showing two-way interaction. Apart from “A to split A” and “A to break up Hong Kong,” there have been quite a few cases of “Hong Kong Demolition A” form of spin-off listing in recent years.
Selected Announcements | Tianqi Lithium expects net profit of 9.6-11.6 billion yuan in the first half of the year; Ruisheng Technology plans to spin-off Chengrui Optics and go public on the Shanghai Stock Exchange
Haidilao: Tehai Co., Ltd. submitted a main board listing application to the Stock Exchange; Beckon Medical and Haier Biotech signed a strategic cooperation framework agreement to carry out cooperative research and development in the field of assisted reproductive cryogenic freezing; Hepry's net profit is expected to increase by 40.02% to 60.28% in the first half of the year; Tencent spent HK$300 million to repurchase for the 11th day in a row.
Weekly IPOs | Longhu Zhichuang submits a second listing, and 10 IPOs including Zhongkang Holdings will land on the Hong Kong Stock Exchange
Recently, the Hong Kong stock IPO market has been in full swing. A total of 3 IPOs have been submitted this week. No new shares have passed the hearing. 10 IPOs have been offered. Currently, all subscriptions have been closed. Next week, 10 IPOs will land on the Hong Kong Stock Exchange.
Profits soared 13 times in three years, and “Micco Group”, the leading potash fertilizer company, submitted to the Hong Kong Stock Exchange
Michael Group submits list to Hong Kong Stock Exchange! Will the potash market reach an inflection point?