Sinopec Engineering (SEHK: 2386) has recorded over-subscriptions of more than 28 times and frozen capital of about CNY 25.7 billion by the afternoon of May 15, the third largest stock by frozen capital following Time Watch Investments with CNY 52.7 billion and Galaxy Securities with CNY 31.8 billion.
As the over-subscriptions exceeded 15 times but less than 50 times, the shares for retail sale will account for 7.5% of total shares floated from 5%. It will list on May 23.
Source:
http://www.sinocast.com/readbeatarticle.do?id=93561
