Everbright Securities files for Hong Kong listing

The Shanghai-based securities firm is gearing up for a Hong Kong share sale, joining the race for capital among Chinese brokerage firms.

Everbright Securities files for Hong Kong listing

Shanghai-based Everbright Securities filed for a Hong Kong share sale with the city’s stock exchange operator late on Tuesday in the hope of opening up a new platform for future fundraising.

Based on Everbright Securities’s current market capitalisation of Rmb88 billion $13.7 billion, the broker could raise as much as $2.75 billion, assuming it sells 20% of its share capital, just as Huatai Securities and GF Securities did earlier this year.


To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...