Binhua Shares (06745) Completes IPO Roadshow with HK$152.82 Billion in Margin Financing, 119.89x Oversubscription

According to market reports, chemical group Binhua Shares (06745) completed its Hong Kong IPO roadshow on July 7, 2026, after attracting HK$152.82 billion in margin financing with 119.89x oversubscription, based on a public offering size of HK$126.41 million.

The company is offering 352 million H-shares globally at HK$3.05–3.59 per share, with listing expected on July 10. Cornerstone investors, including Beijing Yi'an, Luhua Daosheng, Aurora SF, and China Hongqiao, committed $49.8 million combined, representing approximately 5.01% of the group's post-listing issued capital. Huatai International and CITIC Securities are joint sponsors.