Four companies kicked off book buildings for their Hong Kong initial public offerings on Friday, aiming to raise up to HK$3.6 billion altogether.
Nanhua Futures is selling more than 100 million sales for between HK$12 and HK$16 apiece to raise up to HK$1.7 billion. The minimum investment for the financial services provider is around HK$8,080 per board lot of 500 shares.
Chinese biopharmaceutical firm B&K Corporation, meanwhile, is offering 17.6 million shares with price tags ranging from HK$38.2 to HK$51. It aims to raise around HK$900 million with a minimum investment of HK$10,302 for 200 shares.
Hospital group BenQ BM also opened its retail book, aiming to raise up to HK$7.8 million from selling 67 million shares for HK$9.34 to HK$11.68. It asks HK$5,899 for 500 shares.
State-owned cultural tourism service provider Impression Dahongpao is offering 36.1 million shares for HK$148 million.
