Chow Tai Fook had prepared 1.05 billion of shares for the IPO at issue price of HK$15 per share, the bottom line of planned pricing range of HK$15-HK$21 in the prospectus. The net value of raised capital through the IPO is HK$15.7B, and based on which, the total market valuation of Chow Tai Fook will be HK$150B around, down nearly 50% from the HK$24B–HK$30B valuation estimated by investment banks earlier.

Previously, there was news that Chow Tai Fook’s IPO might create a new richest Chinese. But the results may disappoint Cheng Yu-tung. Based on the calculation of HSBC and Deutsche Bank, Cheng Yu-tung’s family will hold 74% equity of Chow Tai Fook Jewelry Group after the IPO with that has the market valuation of HK$11.1B after the IPO. However, according to Hong Kong Billionaire List 2011 released by Forbes, LI Ka-shing ranks the top with the total fortune of US$2.4B (or HK$186.8B). Therefore, even if the share value held by Cheng Yu-tung’s family soared to HK$11.1 B after the IPO, coupled with the HK$70B property of New World Development, Cheng Yu-tung still could not replace Li Ka-shing to be the richest Chinese.