·Shenzhou Car Rental 19th listed on the Hong Kong Stock Exchange

According to the economic voice "World Finance", Alibaba will be listed in the United States today, and today also listed in the mainland, the largest car rental company in China, car rental, China car rental will be officially listed on the Hong Kong Stock Exchange today.
In fact, as early as last April, there were rumors that the car rental in China was going to be listed in the US, but it ended up without results. At that time, the explanation given by Shenzhou Car Rental was that the Chinese car rental company decided to suspend the IPO because the company value given by the US investors was not recognized by the company and shareholders.
Time flies, this time the car rental in China is ready to go. This time, the car rental in China has received over 50 times oversubscription in Hong Kong. Why did the second IPO choose Hong Kong, the reporter asked the executive team who was preparing to ring the clock in Hong Kong, but several vice presidents did not respond positively. However, a senior financial reporter said that because Hong Kong knows more about renting a car in China.
Prior to this, Yang Yanying, vice president of China Car Rental, said that China's current car rental market is different from foreign countries.
It is said that the car rental in China, which is about to ring the bell, may be opened at a price of HK$8.5, raising HK$3.62 billion. Eight securities firms in Hong Kong have invested nearly HK$19 billion in subscription margin, which is equivalent to 51 times oversubscription in the public offering.
Analysts believe that the car rental in China is so popular because the capital market understands the prospects of the Chinese car rental market. Near the eleventh, the price of car rentals across the country has risen, and even some models have risen by 50%. On the other hand, the state has introduced a bus reform policy, and the car rental industry is also keenly aware of business opportunities. Under the stimulus of this policy, the car rental industry will also usher in a "spring."

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