Edvantage opens books for HK offering

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By Gina Lee
03 Jul 2019

China’s Edvantage Group opened books for a HK$805m ($103m) float on the Hong Kong Stock Exchange (HKEX) on Wednesday.

The first day of bookbuilding secured interest from “a good mix of long-only, hedge funds and banking institutions”, said a source close to the IPO. The offering had already garnered interest during pre-deal investor education that took place in early June.

Edvantage set the price guidance for the 250m ...

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