Core Insights - The Hong Kong IPO market is experiencing unprecedented activity, highlighted by the record oversubscription of new stocks like Golden Leaf International Group, which saw a subscription rate exceeding 9030 times, the highest in Hong Kong's history [1][2] - The overall fundraising amount for new stocks in Hong Kong reached 182.45 billion HKD in the first three quarters of this year, marking a year-on-year increase of 51% and 227% [5] - Deloitte has raised its forecast for the total fundraising scale of the Hong Kong IPO market in 2025 to between 250 billion HKD and 280 billion HKD, indicating strong future growth potential [5][6] Company Overview: Golden Leaf International Group - Golden Leaf International Group, established in 2006, is a veteran contractor in the electromechanical engineering sector in Hong Kong, specializing in HVAC systems, which account for over 90% of its total revenue [2][3] - The company reported projected revenues of 123 million HKD and 155 million HKD for the fiscal years 2023/24 and 2024/25, respectively, with net profits of approximately 10.37 million HKD and 14.07 million HKD [2] - As of April 2025, the company has an uncompleted order value of about 61.4 million HKD, involving 171 projects, indicating a stable project pipeline [2] Market Trends - The Hong Kong IPO market has seen a "全民打新" (全民打新) trend, with 98% of new stocks receiving oversubscription, and 86% of these stocks having oversubscription multiples exceeding 20 times, reflecting a significant increase compared to the previous year [4] - The influx of overseas capital and regulatory encouragement for companies to list in Hong Kong have contributed to the substantial growth in the IPO market [5] - The introduction of innovative listing mechanisms, such as the "科企专线" for tech companies, is expected to further enhance the market's attractiveness and competitiveness [5]

Core Viewpoint - The strong performance of the dark market trading for the electromechanical engineering contractor, Jinye International (08549.HK), indicates significant investor interest and potential profitability in the stock following its IPO [1] Group 1: Dark Market Trading Performance - Jinye International's dark market trading surged by 4.7 times, with the highest price reaching HKD 5, a 900% increase from the issue price of HKD 0.5 [1] - The final dark market transaction price concentrated in the range of HKD 2.86 to HKD 2.88, yielding a paper profit of approximately HKD 11,800 to HKD 11,900 per lot, excluding fees [1] - The trading exhibited high volatility, with fluctuations exceeding 200% across the three major platforms [1] Group 2: IPO Details - The stock was priced at HKD 0.5, which is at the lower limit of the offering price, raising a total of HKD 50 million [1] - The entry fee for one lot is HKD 3,282.77 [1] - The trading volume on the platforms showed significant activity, with Huida recording a transaction amount of HKD 24.2 million and Futu leading with HKD 36.84 million [1]

Group 1 - The company, Golden Leaf International Group (08549), announced a global offering of 100 million shares, with 10% allocated for public offering in Hong Kong and 90% for international offering [1] - The final offer price is set at HKD 0.5 per share, resulting in net proceeds of approximately HKD 31.3 million from the global offering [1] - Each board lot consists of 5,000 shares, and trading is expected to commence on October 10, 2025, at 9:00 AM Hong Kong time [1] Group 2 - The Hong Kong public offering was oversubscribed by 11,464.72 times, while the international offering was oversubscribed by 1.20 times [1]

Core Viewpoint - Golden Leaf International Group (08549) has announced a global offering of 100 million shares, with 10% allocated for public sale in Hong Kong and 90% for international sale [1] Summary by Category Offering Details - The final offering price is set at HKD 0.5 per share, resulting in net proceeds of approximately HKD 31.3 million from the global offering [1] - Each board lot consists of 5,000 shares, and trading is expected to commence on October 10, 2025, at 9:00 AM Hong Kong time [1] Subscription Demand - The Hong Kong public offering was oversubscribed by 11,464.72 times, indicating strong demand [1] - The international offering received a subscription rate of 1.20 times [1]

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）和香港中央結算有限公司 （「香港結算」）對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表 示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 除本公告另有界定者外，本公告所用詞彙與金葉國際集團有限公司（「本公司」）刊發日期為 2025年9月30日的招股章程（「招股章程」）所界定者具有相同涵義。 本公告僅供參考，並不構成任何人士收購、購買或認購證券的要約或誘使任何人士作出要約 的邀請。本公告並非招股章程。有意投資者應細閱招股章程有關下文所述股份發售的詳細資 料，方決定是否投資於所提呈發售的發售股份。 本公告不得直接或間接於或向美國（包括其領土及屬地、美國任何州及哥倫比亞特區）或有關 派發受法律禁止的任何其他司法管轄區發佈、刊發或派發。本公告並不構成或組成在美國、 香港或其他地區購買或認購證券的任何要約或招攬的一部分。發售股份並無亦不會根據1933 年美國證券法（經不時修訂）（「美國證券法」）或任何美國州證券法登記。除非證券已根據美國 證券法登記規定登記或獲豁免登記或所涉交易毋須遵守美國證券法 ...

Group 1 - The core point of the article highlights that the Hong Kong stock new issue, Golden Leaf International Group, experienced a significant initial surge, with a peak increase of over 800%, before settling at a 600% rise [1] - Golden Leaf International's public offering was oversubscribed by more than 9,030 times, marking it as the highest oversubscription rate for a new stock in Hong Kong's history [1]

Group 1 - The core point of the news is that Golden Leaf International Group (08549) will be listed on the Hong Kong Stock Exchange on October 10, with a significant increase in its trading price compared to the initial offering price [1] - The closing price in the dark trading market by Livermore Securities shows a price of HKD 2.88, which represents a 476.0% increase from the offering price of HKD 0.5 [1] - Each trading unit consists of 5,000 shares, resulting in a potential profit of HKD 11,900 per unit, excluding transaction fees [1]

Group 1 - The core point of the article is that Golden Leaf International Group (08549) will be listed on the Hong Kong Stock Exchange on October 10, with a significant increase in its trading price compared to the initial offering price [1] - The stock is currently trading at HKD 2.88, which represents a 476.0% increase from the offering price of HKD 0.5 [1] - Each lot consists of 5,000 shares, and investors could potentially earn HKD 11,900 per lot, excluding transaction fees [1] Group 2 - The trading data shows a buy-sell ratio of 57.36% to 42.64%, indicating a stronger buying interest in the stock [3]

Core Viewpoint - Golden Leaf International Group (08549) is set to list on the Hong Kong Stock Exchange on October 10, with a significant increase in its trading price observed in the dark market prior to the listing, indicating strong investor interest and potential for high returns [1]. Group 1 - The initial offering price for Golden Leaf International Group was set at HKD 0.5, while the dark market trading price reached HKD 4.51, reflecting an increase of 802% [1]. - Each trading lot consists of 5,000 shares, resulting in a potential profit of HKD 20,050 per lot, excluding transaction fees [1]. - The trading volume in the dark market was reported at 220,000 shares, with a total transaction value of HKD 1.027 million [2]. Group 2 - The buy-sell ratio in the market shows a strong preference for buying, with 87.48% of the orders being buy orders and 12.52% being sell orders [3]. - The highest bid price recorded in the market was HKD 4.83 for 5,000 shares, indicating active interest at various price levels [2].

（原标题：新股暗盘 | 金叶国际集团(08549)暗盘盘初涨逾800% 每手赚20050港元） 智通财经APP获悉，金叶国际集团(08549)将于10月10日(周五)在香港挂牌。截至发稿，利弗莫尔证券暗 盘交易显示报价4.51港元，较招股价0.5港元上涨802.0%，每手5000股，不计手续费，每手赚20050港 元。 ...