Parental support for Guotai Junan’s $263m rights issue
Hong Kong-listed Guotai Junan International Holdings may have only announced its HK$2.04bn ($263m) one for five rights issue on August 19 but the transaction is already gaining plenty of traction thanks to parent Guotai Junan Holdings (GJHL), which will be subscribing to 66.8% of the deal.
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