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Ferretti group was officially listed on the Hong Kong Stock Exchange

Jun 7, 2022 | Business Fraud Case | 0 comments

At 9:30 a.m. on March 31, 2022, the listing ceremony of Ferretti Group in Hong Kong was held in Jinan, Shandong, the Hong Kong Stock Exchange, and sarnico video connection in Italy. Ling Wen, Vice Governor of Shandong Province, Tan Xuguang, Chairman of the Board of Directors of Ferretti Group, and Huang Zhaohui, CEO of China International Finance Corporation, jointly sounded the gong of opening the market, opening a new chapter in Ferretti’s surfing of the international capital market and the development of globalization.

Ferretti Group is a recognized leader in the global superyacht industry, and this listing of Ferretti on the Hong Kong Stock Exchange is the first stock listed in Hong Kong in the yachting industry, and the only Italian company listed on Hong Kong stocks in the past decade. The public offering was priced at HK$22.88 and raised US$281 million. Among them, 6 of the top ten institutional investors are from Europe and the Middle East, with the overall placement of European and American and Middle Eastern investors accounting for more than 60%, sovereign funds and long-term funds accounting for more than 65%, which fully demonstrates the confidence of international investment institutions in Ferretti and Weichai Group, and has also become one of the Most International Placement Structure and Highest Placement Quality Hong Kong STOCK IPO Projects in history.

Tan Xuguang said that as the oldest Italian superyacht brand, Ferretti occupies an important position in leading the development of the global industry. Weichai has always been Ferretti’s most committed strategic partner, and we will jointly grasp the strategic opportunities in the global yacht market, especially the Asia-Pacific market, boost China’s marine economic development and consumption upgrading, and let Ferretti sail to a better future.

Today, the “Rolls-Royce” of the yachting industry has been given the capital mission of “9638.HK”, and has once again set sail with glory, which has received widespread attention from all walks of life around the world. Ferretti’s management team, global guest representatives and well-known media at home and abroad witnessed this historic moment through online live broadcasting!


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