GC
Shenzhen International tops up placement to $250m
Shenzhen International Holdings raised $250m via a top-up placement on the evening of November 4, managing to exercise an increase option thanks to two days of wall-crossing ahead of the trade.
When books opened at 5pm Hong Kong time on Tuesday, it was for a base offering size of 105m shares that was offered to investors at a range of HK$10.93-HK$11.23 a share.
The momentum for the deal was strong from the beginning. Placing agents Morgan Stanley, JP Morgan ...Already a subscriber? Login
