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Haitong Securities Co Ltd Launches Up To $1.77 Billion Hong Kong Share Offering-Reuters


Tuesday, 17 Apr 2012 01:19am EDT 

Reuters reported that Haitong Securities Co Ltd launched up to $1.77 billion Hong Kong share offering, testing investor appetite as the market emerges from a rough patch that scuppered similar plans last year. The Company is selling up to 1.229 billion new shares at an indicative price range of HKD10.48 to HKD11.18 each. At the top of the range, the stock sale would total HKD13.74 billion ($1.77 billion). 

Company Quote

10.35
-0.25 -2.36%
2:54am EDT