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<IPO>STAR SPORTS MED's IPO Starts Tdy With Entry Fee ~HKD4,975
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STAR SPORTS MED (01609.HK), a Chinese provider of domestically produced sports medicine implants and instruments, kicked off its IPO today (24th), which will last until April 29.

The company plans to globally offer 8.422 million H-shares, of which 10% will be allocated to the Hong Kong public offering and 90% to the international placing. With an offer price of HKD98.5 per share, the entry fee for a board lot of 50 shares is around HKD4,974.7. The shares are expected to be listed on May 5.

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