Orient Securities fires up busy Q2 finale in HK

The Chinese brokerage firm launched a $1.16 billion H-share offering at a time when several issuers are also preparing to sell shares in Hong Kong.

Orient Securities launched the roadshow for its HK$8.95 billion $1.16 billion H-share sale on Monday, kicking off what could be a busy 10 days for new Hong Kong listings.

The Shanghai-headquartered brokerage's cross listing is likely to be followed by an initial public offering from CDB Leasing, which is tipped to launch a transaction as early as Tuesday, according to bankers.

Meanwhile, China Logistics Property and Greentown Service Group, the property management arm of Greentown China Holdings, are also both meeting with investors ahead of the official launch of their respective IPOs, which together are expected to raise as much as...

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