Never has a bottle of water come with so much fizz. Nongfu Spring, a cheap brand ubiquitous in China, is selling shares at HK$21.50 a pop. The retail tranche of the $1bn-plus initial public offering was 1,148 times oversubscribed. That is a record in anyone’s book. Such numbers reflect the mechanics of Chinese IPOs, as well as investor enthusiasm.
从没有一瓶水有这么多的“泡沫”。在manbetx3.0 随处可见的廉价品牌农夫山泉(Nongfu Spring)正以每股21.50港元的发行价发售股票。该公司首次公开发行(IPO)面向散户的公开发售部分超过10亿美元,获得了1148倍的超额认购。这是任何一家企业都未曾有过的纪录。这些数字反映了manbetx3.0 IPO机制,以及投资者的热情。
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