Since this year, the use of the green shoe mechanism in the Hong Kong stock IPO market has surpassed that of the whole of last year. According to Wind data, since this year, 48 companies have granted lead underwriters the use of the green shoe mechanism, and the total amount of net capital raised from overallotted sales reached 28.473 billion yuan. Last year, 45 companies authorized lead underwriters to use the green shoe mechanism, and the total net amount raised by over-allotment reached 24.198 billion yuan.

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