Group 1 - The core point of the news is that Dahang Kegong (02543) is currently in the process of an IPO, with significant oversubscription observed [1] - As of September 1, a total of HKD 19.70615 billion has been borrowed by brokers such as Futu, Huili, and others for Dahang Kegong, resulting in an oversubscription rate exceeding 504 times [1][3] - The total amount raised in the IPO is HKD 0.39 billion, indicating strong investor interest [3] Group 2 - The breakdown of the borrowing amounts by brokers includes Futu with HKD 11.45 billion, Huili with HKD 3.5 billion, and several others contributing smaller amounts [3] - The interest rates for the borrowed amounts from these brokers are all reported as 0.00%, suggesting a competitive environment for the IPO [3] - The total borrowing from other brokers sums up to HKD 3.49805 billion, further highlighting the extensive participation in the IPO [3]

Group 1 - The core viewpoint of the news is that Aux Electric has successfully completed its IPO subscription with significant oversubscription, indicating strong investor interest [1] - Aux Electric recorded a total subscription of HKD 82.3 billion, with the public offering being oversubscribed by 456 times [1] - The company plans to issue 207 million shares, with a public offering accounting for 5% of the total, and the share price range set between HKD 16 to HKD 17.42 [1] Group 2 - Aux Electric is one of the top five air conditioning providers globally, with a market share of 7.1% based on 2024 sales [2] - The company is the leading brand in the Chinese household air conditioning market, holding a market share of 25.7% [2] - From 2022 to 2024, Aux Electric's sales are expected to grow at a compound annual growth rate (CAGR) of 30.0%, significantly outpacing the global air conditioning market's CAGR of 4.6% during the same period [2] - As of the three months ending March 31, 2025, overseas revenue accounted for 57.1% of the company's total income, highlighting its rapid international market development [2]

Group 1 - The core viewpoint of the news is that Jiaxin International Resources (03858) has successfully completed its IPO subscription, raising significant interest with a subscription amount of HKD 144 billion, leading to an oversubscription of nearly 1200 times [1] - The company plans to issue 110 million shares, with 10% allocated for public offering at a price of HKD 10.92 per share, aiming to raise approximately HKD 1.2 billion [1] - Jiaxin International Resources is focused on developing the Bakuta tungsten mine project in Kazakhstan, which is projected to be one of the largest tungsten ore resources globally by December 31, 2024 [1] Group 2 - Financial data indicates that the company has incurred net losses of HKD 94.5 million, HKD 80.1 million, HKD 177 million, and HKD 7 million for the years ending December 31, 2022, 2023, 2024, and the six months ending June 30, 2025, respectively [2] - The Bakuta tungsten mine project is expected to commence its first phase of commercial production in April 2025, with a targeted mining and mineral processing capacity of 3.3 million tons of tungsten ore for that year [1][2]