Group 1 - The company, Eight Horses Tea (06980), announced the results of its share allocation, with a global offering of 9 million H-shares [1] - The offering price per share is set at HKD 50, resulting in a net fundraising of approximately HKD 390 million [1] - The Hong Kong public offering accounted for 10% of the total shares, while the international offering made up 90% [1] Group 2 - The Hong Kong public offering was oversubscribed by 2,680.04 times, indicating strong demand [1] - The international offering was oversubscribed by 13.58 times, reflecting significant interest from global investors [1] - The H-shares are expected to commence trading on the Hong Kong Stock Exchange on October 28, 2025, at 9:00 AM Hong Kong time [1]

Core Viewpoint - The company, Baima Tea Industry, is planning a global offering of 9 million H-shares, with a specific focus on the Hong Kong market and international investors [1] Group 1: Offering Details - The company intends to issue 9 million H-shares, with 900,000 shares allocated for the Hong Kong offering and 8.1 million shares for international offering [1] - The subscription period for the shares is set from October 20 to October 23, 2025, with the expected pricing date on October 24, 2025 [1] - The proposed price range for the shares is between HKD 45.00 and HKD 50.00 per share, with a trading unit of 100 shares [1] Group 2: Underwriters and Trading - Huatai International, Agricultural Bank of China International, and Tianfeng International are appointed as joint sponsors for the offering [1] - The shares are expected to commence trading on the Hong Kong Stock Exchange on October 28, 2025 [1]