Chinese brokerage Guotai Junan set for flat HK debut after $2.1b share sale

Chinese brokerage Guotai Junan set for flat HK debut after $2.1b share sale

REUTERS/Bobby Yip

Guotai Junan Securities Co Ltd, China’s third-largest brokerage by assets, raised $2.1 billion in a rare fixed-price share offering that was the biggest stock sale in Hong Kong in six months, a source with direct knowledge of the deal said on Monday.

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