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Will Foxconn be listed on the Shanghai Stock Exchange?

Foxconn was listed on the Shanghai Stock Exchange on May 24th, 20 18. Its name on the Shanghai Stock Exchange is Industrial Fulian.

The IPO fundraising project plans to issue 654.38+0.97 billion shares, raising 276.5438+0 billion yuan, and the market value at the time of issuance is 276.5438+0.2 billion yuan.

Foxconn disclosed in the prospectus that the raised funds are mainly invested in eight major areas, including industrial Internet platform construction, cloud computing and high-performance computing platforms, efficient computing data centers, communication networks and cloud service equipment, 5G and Internet of Things interconnection solutions, and intelligent manufacturing. New technology research and development applications, intelligent manufacturing industry upgrading, and intelligent manufacturing capacity.

According to the expanded data market, compared with previous expectations, the pricing of 13.77 yuan/share issued by Foxconn after inquiry seems to be low.

In fact, 14.04 yuan/share is the estimated price of most institutions. According to the announcement, after excluding the invalid quotation, the median quotation of all the placing objects participating in the preliminary inquiry is 14.04 yuan/share.

The median quotation of six institutions (Public Offering of Fund, securities companies, trust companies, finance companies, insurance institutions and QFII) is 14.04 yuan/share.

Reference People's Network-Foxconn turned into an industrial rich alliance