BEIJING, January 26 (TMTPOST)— As of the local time 6:50 p.m.on Tuesday, the retail book for Kuaishou’s blockbuster Hong Kong listing was 287 times oversubscribed, with a total of HK$302.74 billion (almost US$39.1 billion) margin loan offered to individual investors, the newspaper Hong Kong Economic Journal reported, compiling data from securities brokers. The oversubscription shows continuing boom of share listings in Asia. According to the report, Kuaishou’s listing attracts quite a lot interests from retail investors, since retail quotas reserved by Bank of China (Hong Kong) and Hang Seng Bank were all oversubscribed on the first day subscription. Earlier this week, Kuaishou disclosed it would sell 365.2 million Hong Kong shares and list on the Hong Kong Stock Exchange on February 5. At the top of offering price range, it would raise HK$42 billion (US$5.42 billion) excluding relevant commission and expenses, which is expected to make Kuaishou create the largest IPO since December 2019, when Saudi Aramco raised nearly US$30 billion, according to data provider Refinitiv. And Kuaishou’s fundraising could increase to US$6.2 billion if over-allotment option included.