Jun. 4 at 9:37 AM
$DIDIY About the listing on hkex
Reality = after judge verdict 16th of june, A1 file can get filed before 30th of june on hkex.
From there on it takes usualy 6 to 10 weeks before publishing PHIP on website hkex.
Because it is not an IPO, the day it is published, the next day the trading can start on hkex.
So in this scenario, listing second half in august.
If Goldman files later then 30 th of june, all dates + 3 months.
Why? When filing A1 in june, Q1 2026 figures must be included.
By end of september, Q1 figures are 6 months old and then Goldman must do everything again AND including certified Q2 figures. Etc
In other words, listing will happen around end aug or end nov etc.
Let's assume they want the listing pps around
$6/
$7 and till then they want to keep the pps low.
So in case of listing around for example aug. 20th, then end of July they will let go the
$3.5....SO it can increase to around
$5.5 around 20th of aug.
In this case, they will keep it low till then.
Time will tell.
Cheers