Flurry of block trades with Lee & Man, Asia Cement, BOC

26 Jan 2007

With Asian stockmarkets hitting new highs, it has been a busy week for block trades and accelerated bookbuilds.

Morgan Stanley executed a neat trade on Wednesday evening Asian time, selling an 8.5% stake in Chinese paper producer Lee & Man for $190m in an accelerated global top-up placement.

The deal ...

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