not vested
Investor suddenly withdraws orders for Fosun Pharmaceutical (02196.HK)'s globally offered shrs
Rumor has it that an investor, being a fund, suddenly withdreww orders worth US$100 million for Fosun Pharmaceutical (02196.HK)'s globally offered shares after the end of public offering, showing funds remain cautious to new shares.
Fosun Pharmaceutical made its way for listing, only by asking for funds from ABC and Haitong Securities, who were not its sponsors in the first place, and allocating capital to international tranche with certain funds obtained from public offering.
Source: AAStocks Financial News