Evening news on April 7th，Ctrip (Nasdaq: TCOM) announced today，Officially launched Hong Kong listing prospectus，Planned global sale 3163.560,000 shares，Pricing ceiling is HK$333 per share，Expected to be available on April 19th。

Meanwhile，Ctrip’s American Depositary Shares (ADS，each share equivalent to one common share) will continue to be listed and traded on the Nasdaq Global Select Market。Investors in this Hong Kong public offering，Will only be able to purchase stocks，Cannot perform ADS delivery。After listing in Hong 188bet online sports betting Kong，Ordinary shares listed on the Hong Kong Stock Exchange will be fully interchangeable with ADS listed on NASDAQ。

This time，Ctrip will sell 31 globally,635,600 common shares。where，Hong Kong public offering includes 2,214,500 shares，International sale includes 29,421,100 shares，7% and 93% respectively。For Hong Kong Public Offering，The issue price is capped at 333 per share.00 Hong Kong dollars (equivalent to 42.USD 95)。

Based on over-subscription level of Hong Kong Public Offering，And the “covering mechanism” described in the prospectus，Total number of Offer Shares available for subscription in the Hong Kong Public Offering，Can be adjusted to up to 8,858,000 shares，About 28% of the initial release quantity。

In addition，Ctrip expects to grant over-allotment option to international underwriters，You can request Ctrip to issue up to 4 additional items in international sales,745,300 common shares，About 15% of the initial sales quantity。

Also，Issue price of the international offering，Can be higher 188bet app download than or equal to the Hong Kong issue price。Ctrip will determine the international issuance price around April 13, 2021, Beijing/Hong Kong time。And the final Hong Kong issue price，will be issued at the international issue price and 333 per share.The highest Hong Kong issue price of HK$00, whichever is lower。

Ctrip plans to use the net proceeds from this offering to: 1) expand its “one-stop” travel products，Improve user experience；2) Invest in technology to solidify its leading market position in products and services，And improve operational efficiency；3) and for general corporate purposes and working capital needs。

188bet app This article comesSource: Sina Technology, original title: "Ctrip launches secondary listing in Hong Kong: up to HK$333 per share》.