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S Korea s LG Energy s $10 8 billion IPO draws record demand from retail investors

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S Korea s LG Energy Solution sees record retail demand for listing

Some 4.4 million individuals ensured the retail portion of the IPO that was oversubscribed nearly 70 times at the end of the bidding period.

South Korea s LG Energy s $10 8bn IPO draws record demand from retail investors

South Korean battery maker LG Energy Solution has set a new record for IPO demand with retail investors bidding for shares worth about 114 trillion won ($95.62 billion),adding to the frenzy for a piece of the biggest public offering in the country. As a result of the strong demand, the retail portion of LGES initial public offering was oversubscribed nearly 70 times and

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