Quote | Super Quote
IPO   |   IPO News   |   Listed IPO Information   |   Hot Listed IPO
Stock Code   IPO News IPO Timetable
IPO Detail
02509 荃信生物-B
QYUNS-B
Listing Date2024/03/20
Listing Price19.800
 
Quote
  • 7.400 -0.350 (-4.516%)    Sink Below Listing Price
  • 15-min delayed, last update: 20/12/2024 17:59
Subscription Result
  • Subscription Rate
    163.15x
  • Guarantee One Lot Size
    100 lot
  • One Lot Success Rate
    5%
COMPANY PROFILE

Qyuns Therapeutics Co is a clinical-stage biotech company exclusively focused on biologic therapies for autoimmune and allergic diseases.

--

The Group have two Core Products, QX002N and QX005N, both of which are self-developed. QX002N is an IL-17A inhibitor and it have initiated a Phase III clinical trial for ankylosing spondylitis (AS) in China. QX005N is a monoclonal antibody (mAb) blocking IL-4R and it have initiated Phase II clinical trials for atopic dermatitis (AD), prurigo nodularis (PN) and chronic rhinosinusitis with nasal polyps (CRSwNP) in China.

--

As of 2 March 2024, it had seven other pipeline drug candidates in addition to its Core Products, four of which were in the clinical stage. Its pipeline covers four major areas in the autoimmune and allergic disease field, namely, skin, rheumatic, respiratory and digestive diseases.

--

As of 2 March 2024, it held 37 patents in China, including 31 invention patents and 6 utility models, as well as 9 patents overseas.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureHealth Care
Major Business AreaChina
Board Lot200
GLOBAL OFFERING
No. of Offer Shares12.05M H shares
No. of International Offer Shares9.91M H shares
No. of HK Offer Shares2.14M H shares
Offer Price$19.80 - $20.2
Stock Code2509
Sponsor(s)China International Capital Corporation Hong Kong Securities Limited
Underwriter(s)China International Capital Corporation Hong Kong Securities Limited, Essence International Securities (Hong Kong) Limited, Guotai Junan Securities (Hong Kong) Limited, Huatai Financial Holdings (Hong Kong) Limited, China Industrial Securities International Capital Limited, Livermore Holdings Limited, Tiger Brokers (HK) Global Limited, Fosun International Securities Limited, Citrus Securities Limited, SPDB International Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited, Hong Tai Securities Limited
TIME TABLE
Application PeriodMar 12 (Tue) - noon, Mar 15 (Fri)
Price Determination DateMar 18 (Mon)
Result Announcement DateOn or before Mar 19 (Tue)
Result Announcement DateOn or before Mar 19 (Tue)
Result Announcement DateOn or before Mar 20 (Wed)
Dealings in Shares commence onMar 20, 2024. (Wed)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
Sales Statistics (HKD)
Offer Price$19.80 - $20.2
Capitalization4.40B - 4.49B
NAV / share ($)$2.86 - $2.88 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 20.00, the net proceeds raised would be HKD 163.50M, of which
30.1% : Development and registration of Core Product, QX002N
54.6% : Development and registration of other Core Product, QX005N
8.7% : Development and registration of QX004N
1.9% : Clinical development of QX006N
4.7% : Research and development of certain of other assets, including QX007N, QX010N and QX013N, and drug discovery
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
IPO Calculator
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --
Offer Price︰--
Currency :
Listing Price :
Board Lot :
Admission Fee*
:
Subscribing Lot :
Subscribing Fee :

Subscribing Amount :
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.