Beijing Digital opens books for HK IPO

Beijing Digital began taking institutional orders June 25 and joins a slew of other Chinese companies trying to float shares in Hong Kong.

Beijing Digital opens books for HK IPO

Beijing Digital Telecom, one of China's largest mobile handset and digital product store chains, has begun taking orders from institutional investors as it seeks to raise up to $150 million from an initial public offering of shares in Hong Kong.

Amid a rush of mainland Chinese companies looking to float in the former British colony, Beijing Digital Telecom aims to sell 166.7 million primary shares priced at between HK$5.30 and HK$7.10 each....

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