Consumer Staples Aug 31, 2020 11:16 PM (GMT+8) · EqualOcean
YUMC has passed the listing hearing and plans to sell approximately 41.91 million new shares, including 40.2 million shares for international offering and 1.7 million shares for the Hong Kong offering. The highest offer price is HKD 468 per share, and it is planned to raise approximately USD 2.5 billion (approximately HKD 19.38 billion). The new stock code is 09987. According to the news, YUMC will start its roadshow on August 31, and begin its IPO tomorrow. The subscription will end on Friday (September 4). It is expected to be priced on September 4 and the shares are expected to be listed on September 10.
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