CMS, Rici get $1.5bn HK IPOs across the line
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Asia

CMS, Rici get $1.5bn HK IPOs across the line

hong kong central px230

China Merchants Securities Co raised HK$10.7bn ($1.4bn) in its Hong Kong IPO, pricing the shares below the middle of expectations as bankers on the deal voiced differing opinions on its execution.

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