188bet sports betting Company “Fights Again” H Shares,Resubmit listing application to the Stock Exchange

Listed 188bet sports betting Author of 188bet sports betting article: Zhihui 2022-07-01
December 3 last year,188bet sports betting has announced the suspension of plans to issue and list H shares。

June 30,188bet sports betting announced,The company is in the process of applying for the issuance of overseas listed foreign shares (H shares) and listing on the main board of The Stock Exchange of Hong Kong Limited。According to the time schedule of this issuance and listing,The company has resubmitted its application for this issuance and listing to the Hong Kong Stock Exchange on June 30, 2022,The application information for this issuance and listing was published on the website of the Hong Kong Stock Exchange on the same day。This application information is prepared and published by the company in accordance with the requirements of the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange,This is a draft version,The information contained therein may be updated and changed from time to time。

Announcement display,188bet sports betting announcement is only made for domestic investors to understand the relevant information of 188bet sports betting issuance and listing in a timely manner。188bet sports betting announcement and the application information published on the website of the Hong Kong Stock Exchange do not constitute and shall not be regarded as an acquisition of any person or entity、An offer or invitation to purchase or subscribe for the company’s overseas listed foreign shares (H shares) issued 188bet sports betting time。

As understood,December 3 last year,188bet sports betting has announced the suspension of plans to issue and list H shares,Reapplication this time,Some insiders said,It may be related to factors such as the recovery of 188bet sports betting Stock Price and the rising popularity of Hainan tourism during the summer。China Free Shipping Announcement,Since the company started the work related to the listing of H shares on the main board of the Hong Kong Stock Exchange,Comprehensive preparations for this issuance and listing, including approval by relevant domestic and overseas regulatory agencies, have been completed。Currently,Affected by the new coronavirus epidemic and other factors,The global economy has been greatly impacted,The capital market continues to be depressed,Decided to suspend the issuance and listing of H shares,Following arrangements will be determined based on market conditions。

And as early as June 2021,188bet sports betting has submitted its listing application for the first time,and passed the hearing for the first time in November of the same year,The file is currently displayed as invalid。As understood,The listing of 188bet sports betting is expected to raise US billion to US billion (approximately HK.6 billion to HK billion),Sources indicate that the company is expected to become the largest new stock in Hong Kong this year。Among them,Affected by the epidemic in the third quarter of 2020,Global tourism and consumption have been severely hit,The domestic epidemic situation is gradually under control,Coupled with the benefits of the tax-free policy,The revenue of 188bet sports betting has surpassed the top three Dufry in one fell swoop、Lotte and Shilla,Revenue 24.USD 300 million,Become the world’s largest duty-free operator。

It is reported,188bet sports betting will achieve operating income of 676 in 2021.7.6 billion yuan,Year-on-year growth of 28.67%;Total profit realized 148.0.1 billion yuan,YoY growth 53.04%;Realize net profit attributable to shareholders of listed companies 96.5.4 billion yuan,YoY growth 57.23%。188bet sports betting’s Hainan offshore island duty-free business will also continue to maintain high growth in 2021,Duty-free shops in Sanya achieved operating income of 355.0.9 billion yuan,66 year-on-year increase.58%,Realize net profit attributable to shareholders of listed companies 41.6.8 billion yuan,40 year-on-year increase.46%。

But 188bet sports betting’s operating income in the first quarter of 2022 is 167.8.2 billion yuan,Decreased by 7 compared to the same period last year.45%;Net profit attributable to shareholders of listed companies is 25.6.3 billion yuan,Decrease by 9 year-on-year.99%。First quarter results,Total revenue achieved 181.3.4 billion yuan,127 year-on-year increase.48%;Realized net profit 28.4.9 billion yuan,Loss of 21.86 million yuan in the same period last year;Operating profit 44.5.8 billion yuan,An increase of 47 compared with the same period last year.7.6 billion yuan。And the first quarter of 2021,188bet sports betting achieved total revenue of 181.3.4 billion yuan,127 year-on-year increase.48%;Realized net profit 28.4.9 billion yuan;Operating profit 44.5.8 billion yuan,An increase of 47 compared with the same period last year.7.6 billion yuan。

In the tourism service industry,February this year,China Free Shipping stated on the investor interactive platform,The company has transferred 100% equity of its wholly-owned subsidiary China International Travel Service Co., Ltd. to the controlling shareholder,February 2019,The travel service business is no longer included in the scope of company consolidation。Currently,The main business of 188bet sports betting is mainly engaged in duty free business,Mainly including tobacco and alcohol、Aromatherapy、Exquisite、Wholesale of duty-free goods such as food and department stores、Retail and other businesses。Also,Also engaged in commercial complex investment and development business with tax-free business as the core。

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