Busy week for investors with four HK IPOs in limelight

clothes 230-150x
By Jonathan Breen
27 Oct 2016

Chinese fashion house JNBY sealed a HK$800.0m ($103.1m) IPO this week after pricing off the bottom of guidance, according to a source close to the deal.

The company offered 100m primary shares and 25m secondary at a range of HK$6.08-HK$7.73 each, which could have valued the IPO at HK$760.0m-HK$966.3m.

CCB International was sole sponsor and global co-ordinator for the IPO, as well as a joint bookrunner and lead manager with Citic CLSA Securities.

The ...

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