Aug 11 evening — Yushu Technology released IPO allotment results. Online
allotment rate 0.01809759%, among 93 new listings year-to-date this ranks at the
low end. Offline placement ratio 0.03341824%, sixth-highest among 46 new
listings with offline allocations this year. Year-to-date highest online
allotment remains Changxin Technology at 0.47141739%; Yushu’s online rate is
3.8% of Changxin’s (under 1/26) and its offline rate is 19% of Changxin’s (under
1/5). Changxin’s final online-issued shares represented approximately 63.93% of
issuance after full exercise of the overallotment option and after deducting
final strategic placements; Yushu’s final online-issued shares represented
approximately 30% of issuance after deducting final strategic placements.
