New IPOs prove big hits with investors

PUBLISHED : Friday, 08 October, 2010, 12:00am
UPDATED : Friday, 08 October, 2010, 12:00am

Great Harvest Maeta Group Holdings, which is mainly engaged in chartering its own vessels and will list in Hong Kong on October 11, has fixed its offer price at HK$1.13 per share to raise HK$155 million. The retail portion of the share offer was 308 times oversubscribed. Meanwhile, China Suntien Green Energy Corp, which will list on October 13, set its offer price at the high end at HK$2.66 per share to raise HK$2.86 billion. The retail portion was 241 times oversubscribed.