Hope Education boosts debut share placement

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By Jonathan Breen
06 Aug 2020

Hope Education Group made its debut visit to the equity capital market this week, raising HK$1.2bn ($153m) after increasing the size of a primary share placement.

The issuer, a leading Chinese private higher education provider, tapped the market on Wednesday with the help of sole placing agent Citi.

The bank launched an accelerated bookbuild for the trade at just before 5.30pm in Hong Kong, marketing a base offer of 380m primary shares, according to ...

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