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06611 三巽控股集團
Sanxun Holdings Group
Listing Date2021/07/19
Listing Price4.750
  • 4.670 0.000 (0.000%)    Sink Below Listing Price
  • 15-min delayed, last update: 27/10/2021 17:59
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Sanxun Holdings is a real estate developer in the PRC focusing on the development and sales of residential properties. Headquartered in Shanghai and deeply rooted in Anhui Province, it has established its presence in the Yangtze River Delta.

As of April 30, 2021, the Group had a total of 44 projects at various stages of development, covering 12 cities in three provinces with an aggregate land bank of 4.3 million sq.m., composed of completed GFA of completed properties of 0.24 million sq.m., GFA of properties under development of 3.45 million sq.m. and GFA of properties held for future development of 0.61 million sq.m., respectively.

At the early stage of development, the Group mainly focused on the property markets in lower-tier cities and their surrounding cities with relatively low urbanization rate, while in recent years it commenced expanding into the property markets in second-tier cities.

MarketHong Kong (Main Board)
Business NatureProperties
Major Business AreaChina
Board Lot1000
No. of Offer Shares165m shares
No. of International Offer Shares149m shares
No. of HK Offer Shares16.50m shares
Offer Price$3.30 - $5.20
Registrar & Transfer OfficeComputershare Hong Kong Investor Services
Stock Code6611
Sponsor(s)CCB International Capital Limited
Underwriter(s)CCB International Capital Limited; CRIC Securities Company Limited; BOCOM International Securities Limited; Futu Securities International (Hong Kong) Limited; I Win Securities Limited; Valuable Capital Limited
Application PeriodJun 30 (Wed) - Noon, Jul 12 (Mon)
Price Determination DateOn or Before 5pm, Jul 12 (Mon)
Result Announcement DateOn or Before Jul 16 (Fri)
Dispatch of Shares and Refund ChequesOn or Before Jul 16 (Fri)
Dealings in Shares commence onJul 19, 2021. (Mon)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
ExecutiveQian Kun (Chairman), An Juan, Wang Zizhong, Zhang Xiaohui
Independent Non-ExecutiveChan Ngai Fan, Chen Sheng, Zhou Zejiang
Director Qian Kun65.55%
Qian Bing5.70%
(Year ended Dec 31)
Gross Profit1,064,961978,617206,838
Pre-Taxed Profit643,289682,64487,804
Attributable Profit for the period367,253442,12157,623
Offer Price$3.30 - $5.20
Capitalization$2,178m - $3,432m
Unaudited pro forma adj NAV / share$2.44 - $2.90
Assuming the offer price being at the mid-point of $4.25, the net proceeds raised would be HK$620.6m, of which:
* $372.4m (60.0%) to use for construction costs for the development of existing property projects;
* $186.2m (30.0%) to use for land acquisition; and
* the balance of $62.1m (10.0%) as additional working capital.
Code Name Nominal Change %Change
00563SH IND URBANdown0.650-0.010-1.515%
00754HOPSON DEV HOLDdown23.650-0.200-0.839%
00755SHANGHAI ZENDAIunchange0.0410.0000.000%
00813SHIMAO GROUPup12.9400.2602.050%
00845GLORIOUS PPT Hdown0.240-0.004-1.639%
00960LONGFOR GROUPup38.4500.4501.184%
01862JINGRUI HLDGSdown2.190-0.010-0.455%
01966CHINA SCE GROUPup2.5200.0200.800%
02599SHINSUN HOLD GPdown4.800-0.020-0.415%
06111DAFA PPTunchange5.0400.0000.000%
06611SANXUN GROUPunchange4.6700.0000.000%
06968GANGLONG CHINAdown4.340-0.030-0.686%
15-min delayed, last updated: 27/10/2021 17:59
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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