Guotai Junan seeks $296 million from Hong Kong IPO

The Hong Kong arm of the Chinese brokerage firm will compete for investor attention with Agriculture Bank of China, which is set to start bookbuilding its H-share tranche tomorrow.
June 23, 2010

Guotai Junan Securities' Hong Kong division started bookbuilding yesterday for an initial public offering that could allow it to raise up to HK$2.31 billion ($296 million).

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