Lai Sun Development (0488.HK) listing facts
According to Wikidata, Lai Sun Development (0488.HK) listed on the Stock Exchange of Hong Kong on 1988-03-11 (a Friday), about 38 years ago. It was founded on 1987-01-01, about 1 years before listing. In this database, 30 companies listed in 1988; it was number 5 by date.
Key facts
| Stock code | 00488 (0488.HK) |
|---|---|
| Chinese name | 麗新發展 Source: Wikidata · CC0 1.0 |
| English name | Lai Sun Development Source: Wikidata · CC0 1.0 |
| Listing date | 1988-03-11 Source: Wikidata · CC0 1.0 · Wikidata 'start time' of HKEX listing statement; community-maintained, verify |
| Founded | 1987-01-01 Source: Wikidata · CC0 1.0 |
| Years since founding at listing | 1.2 |
| Wikidata item | Q6473666 · CC0 1.0 |
How the IPO fees work
On top of the application money, a Hong Kong IPO application carries 4 charges, each rounded to the cent. For HK$10,000 of application money our fee engine gives:
| Item | Amount (HK$) |
|---|---|
| Application money | 10,000.00 |
| Brokerage 1% | 100.00 |
| SFC levy 0.0027% | 0.27 |
| AFRC levy 0.00015% | 0.02 |
| HKEX trading fee 0.00565% | 0.57 |
| Total payable | 10,100.86 |
Open the calculator The calculator also works out margin interest, the break-even sell price and P&L for different day-one moves.
IPO terms that open data does not cover
There is currently no free, redistributable source for these fields, so this page leaves them out rather than estimating: Offer price, Board lot, One-lot entry fee, Public offer oversubscription, One-lot success rate, First-day change, Sponsors. To work out the entry fee, look up the offer price and board lot in the prospectus or allotment results announcement (search code 0488 on HKEX's HKEXnews website) and enter them in the calculator.
Previous: HKR International (1988-03-11) · Next: King Fook Holdings (1988-03-28)
Listed the same month (1988-03)
| Code | Name | Listing date | Industry |
|---|---|---|---|
| 0480 | HKR International | 1988-03-11 | conglomerate |
| 0280 | King Fook Holdings | 1988-03-28 | jewelry |
About this data
The listing date is the start time of the company's "stock exchange = HKEX" statement on Wikidata. It is community-maintained and can be a day or two off the first trading day, or refer to a transfer or listing by introduction. Check the prospectus and exchange announcements. You can fix errors directly on Wikidata. Not investment advice.