Beijing Dataway Horizon's IPO to debut on Shenzhen Stock Exchange

Nov 02, 2021 (China Knowledge) – Beijing Dataway Horizon (301169) to start trading on the Shenzhen ChiNext Market Nov 3, tomorrow. The firm has issued 18.06 mln shares priced at RMB 19.39 per share raising RMB 350.18 mln. Its price-to-earnings ratio (PE) stands at 29.27. During subscription the IPO was 8,662 times oversubscribed. Central China Securities acts as the lead underwriter and sponsor for the IPO. Beijing Dataway Horizon is a China-based company mainly engaged in data services. The Company’s main business is the provision of data analysis and decision support services for customers in the public affairs and commercial…