B · Normal
[Hong Kong stock green shoe mechanism acts as an invisible stabilizer. 48 companies initiated over-allotment during the year] November 9th. Since the beginning of this year, the scale of the Hong Kong stock IPO market using the green shoe mechanism has exceeded that of last year. Wind data shows that since this year, 48 companies have granted lead underwriters the use of the green shoe mechanism, and the cumulative net amount raised from over-allotments has reached 28.473 billion yuan. Throughout last year, 45 companies granted lead underwriters the use of the green shoe mechanism, and the cumulative net amount raised from over-allotments reached 24.198 billion yuan. (China Securities Journal)
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