Huatai opens the books on $1.65bn London GDR sale

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Huatai opens the books on $1.65bn London GDR sale

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November 8, 2017 - Shanghai, China - People walk along the Bund as smog envelopes the skyline of Shanghai, China.. (Credit Image: © Wang Gang/Pacific Press via ZUMA Wire) | Wang Gang/Zuma Press/PA Images

Huatai Securities, the Chinese brokerage, has set the price range for its $1.65bn sale of global depositary receipts on the London Stock Exchange, enticing investors with a healthy discount to the Shanghai-listed A shares.

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