The deal was offered at a tight discount range of 1.8% to 2.5% versus yesterdayÆs close of HK$7.23 and not surprisingly priced at the wide end. However, this still marked the tightest discount on a Hong Kong placement this year, except for a small $42 million block in Wharf Holdings in early April that was launched at a fixed 1.6% discount. The final price was set at HK$7.05, compared with an indicated range...
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