China Merchants launches HK IPO

China's eighth largest brokerage by assets also becomes No8 out of the top 10 to attempt a Hong Kong Stock Exchange listing. The IPO is the largest by a brokerage this year.
China Merchants founder Li Hongzhang
China Merchants founder Li Hongzhang

China Merchants Securities launched Hong Kong's third largest initial public offering of the year on Monday after opening books for an HK$10.28 billion to HK$11.390 billion ($1.327 billion to $1.47 billion) offering.

¬ 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