Core Viewpoint - Baima Tea's successful IPO on the Hong Kong Stock Exchange marks a renewed trend of tea companies listing in Hong Kong, with the stock surging 86.70% on its first trading day, closing at 93.35 HKD per share [1][2]. Group 1: IPO Details - Baima Tea's IPO was oversubscribed nearly 2000 times, setting a record in the Hong Kong tea industry, with a total margin loan of 872.54 billion HKD [2]. - The company issued 9 million H-shares at an offering price of 50 HKD per share, aiming to raise 450 million HKD [2]. - The stock opened at a high of 100 HKD during the dark pool trading, reflecting a 100% increase before closing at 89.4 HKD, a rise of 78.8% [2]. Group 2: Company Background - Baima Tea is a former New Third Board company that delisted in 2018 and has since sought to expand its market presence through a Hong Kong listing [4]. - The company has received backing from notable investors, including IDG Capital and Tian Tu Capital, indicating strong institutional interest [3]. Group 3: Market Position and Performance - As of 2024, Baima Tea ranks first in China's high-end tea market with a market share of 1.7%, and also leads in the oolong and black tea segments [7]. - The company operates over 3,500 offline retail stores, making it the largest tea enterprise in China by store count [6]. - Financial performance shows revenue growth of 16.8% and 1.0% for 2023 and 2024, respectively, with net profit growth of 24.0% and 9.0% [7]. However, a decline in revenue and net profit is projected for the first half of 2025, with decreases of 4.2% and 18.0% respectively, due to weak external demand [7].

10月27日晚间，即将登陆港股的八马茶业，提前在暗盘秀了一把肌肉。 当晚，八马茶业富途暗盘开盘涨60%，报每股80港元；这期间最高价达100港元，相当于涨100%。最终，八马茶业富 途暗盘收于89.4港元，涨78.8%。按照每手100股估算，不计手续费，一手赚近4000港元。 超额认购近2000倍 八马茶业称，自2018年4月24日从新三板摘牌以来，部分当时现有股东将其股份转让予被分类为前投资者的受让人， 包括员工、前员工、个人投资者及企业投资者。在企业投资者中，静远壹叁及成都新津为专注于消费者行业的专业投 资者，泉州汇鑫富及晋江百应成在融资及科技等不同行业均有投资经验。 | | | 截至最後實際可行日期 | | | 截至[编纂] | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 股東名稱 | 股份數目 | 股份詳情 | 所有權 | 股份數目 | 股份詳情 | | H股是否計入 所有權百分比 公眾持股量 | | | | | 百分比 | | | | | | | | | (%) | | | (%) | | | [編纂]前投資者： | | | | | ...

10月27日晚间，即将登陆港股的八马茶业，提前在暗盘秀了一把肌肉。 当晚，八马茶业富途暗盘开盘涨60%，报每股80港元；这期间最高价达100港元，相当于涨100%。最终，八马茶业富途暗盘收 于89.4港元，涨78.8%。按照每手100股估算，不计手续费，一手赚近4000港元。 超额认购近200 0倍 捷利交易宝数据显示，在新股申购阶段，券商共为八马茶业借出872.54亿港元孖展，超购约1940倍，刷新港股茶行业纪录。其 中富途证券孖展金额最高为563.62亿港元，其次是辉立证券为122亿港元，老虎国际为98.59亿港元。 据公开信息，八马茶业此次IPO发售900万股H股，其中香港公开发售占10%，其余为国际配售。发行价为50港元/股，预计集 资4.5亿港元，由华泰国际、农银国际及天风国际担任联席保荐人。按照一手100股，入场费为5050.43港元，将于10月28日正 式挂牌买卖。 事实上，在此次IPO前，八马茶业已获多位知名投资者青睐，涵盖头部财务投资机构、产业资本与专业金融机构。其中，IDG 资本通过天津长峰持股6.87%，天图资本借天图兴华持股4.74%，壹叁资本凭静远壹叁持股3.00%，新希望通过成都新 ...