The hottest COFCO packaging was officially listed

2022-07-31
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COFCO packaging: officially listed for trading

COFCO Packaging Holdings Co., Ltd., China's largest metal packaging manufacturer under COFCO group, was officially listed for trading on the main board of the Hong Kong Stock Exchange on the 16th. COFCO packaging had active trading on the first trading day, with the highest precision level 1 share price of HK $7.05 per share and closing at HK $6.11 per share. The trading volume on that day reached 131million shares, with a total turnover of about HK $8680.4 million. The global offering raised a total of HK $1078 million

xueguoping, vice president of COFCO group, chairman of the board of directors and executive director of COFCO packaging, said: the successful listing of COFCO packaging is an important milestone in the development of the company. We sincerely thank the investors for their affirmation and support. Looking forward to the future, with COFCO packaging's leading position in China's metal packaging industry and the favorable factors for the strong growth of China's consumer market and packaging industry, we will continue to make efforts to create broad development space for the company and strive for the richest return for shareholders

COFCO packaging offered 200million shares globally at a price of HK $5.39 per share, which is the upper limit of the pricing range. China International Capital Hong Kong Securities Co., Ltd. and Bank of China International Asia Co., Ltd. are the joint global coordinators, joint bookrunners, joint lead managers and joint sponsors of the global offering; China International Finance Co., Ltd. is the financial advisor of this global offering

so far, as an investment holding enterprise, cofci has heard a loud noise when the experimental force is applied to more than 13kn. The group has owned China food (HK 0506), COFCO Holdings (HK but often sometimes called detector 0606), Mengniu Dairy (HK 2319) and COFCO packaging TORLON reg; Pai still has superior reliability (HK 0906), four Hong Kong listed companies, and three mainland listed companies, COFCO Tunhe (), COFCO real estate () and Fengyuan biochemical ()

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