September 11, the Chinese men's leading brand Lang Lang in Hong Kong formally IPO. Lilang plans to offer a total of 300 million shares, including 270 million shares for international placing and 30 million for public offering, accounting for approximately 90% and 10% of the total number of the Offer Shares, respectively. The offering price is expected to be between HK $ 3.20 and HK $ 4.00 and the sponsor is Bank of America Merrill Lynch, 1000 shares calculated per hand, admission 4040.36 yuan. Merrill Lynch Representative Li Zhen Guo (John Lee) at the Lilang Prospectus Lilang from September 11 to 16 at noon to accept public offer, September 25 board listed. According to market sources, Lilang international placement has made more than 3 times oversubscribed, much sought after by Hong Kong and the Mainland Regal. The richest people to join include Lee Shau Kee, the chairman of Henderson Land known as Hong Kong's stock god, and Xu Lianjie, chief executive of Hengan International, also headquartered in Jinjiang City, Fujian Province, and his family. However, the specific amount of the rich holdings did not disclose. HSBC Representative William Tang Speaking at Lhlo Husband's IPO Despite encountering Sinopharm and China Metallurgical during the IPO, Lilian is still full of confidence and investors' enthusiasm has given Mr Lilian management confidence. "Good growth and reasonable pricing are the reasons why Lilang is favored by investors, especially since last year under the financial crisis, Lilang still maintained the trend of contrarian growth and even allowed the market to recognize it." Lilang Director, Vice President President Hu Chengchu said. According to Lilang prospectus disclosure, Lilang this fund-raising proceeds, about 147 million for the company to further expand the company's product development studio in Shanghai and the development of facilities in Xiamen, about 147 million Hong Kong dollars for the development of Lang Lang specifically for young customers aged 20 to 30 About HK $ 147 million for rental and refurbishment of flagship stores for distributors in the next few years and about HK $ 195.9 million for promotion and branding activities.