Chinese IPOs

Citic Securities raises $1.7 billion

Retail investors order only 0.4% of the total offering, while the institutional book is three times covered.
<div style="text-align:left;">
(AFP) </div>
<div style="text-align:left;"> (AFP) </div>

Citic Securities, China’s largest publicly traded brokerage, has raised HK$13.2 billion ($1.7 billion) in the largest IPO from the financial sector in Asia-Pacific so far this year.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media