Tianqi Lithium determines the issue price of Hong Kong stocks for Hong Kong dollars per share and is expected to be listed on July 13

Cover Journalist Xiong Yingying

On July 7, Tianqi Lithium announced that the company had determined that the final price of the foreign -listed foreign stock (H shares) issued by this overseas listing was HK $ 82 per share, excluding other expenses such as 1%of the brokerage commissions.The company's H shares are expected to be listed on the Hong Kong Stock Exchange on July 13, 2022 and began to be listed.

Earlier, the disclosure of Tianqi Lithium Industry showed that the company plans to issue approximately 164 million shares in Hong Kong stocks, of which 90%are international distribution, and the prospectus range is HK $ 69/share to HK $ 82/share.With the issuance price, the company's raised funds will reach 13.4 billion Hong Kong dollars, the largest IPO of the Hong Kong stock market this year.

As of today's closing, Tianqi Lithium A shares at a share price of 144.86 yuan/share, an increase of 0.72%, a total market value of 214 billion yuan.

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