Reuters: Private Equity: Haitong sends price guide on HK offer near bottom-IFR

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Haitong sends price guide on HK offer near bottom-IFR Apr 19th 2012, 03:41 HONG KONG, April 19 | Wed Apr 18, 2012 11:41pm EDT HONG KONG, April 19 (Reuters) - Haitong Securities Co Ltd , China's second-biggest brokerage by assets, could price its up to $1.77 billion Hong Kong offering near the bottom of an indicative range, Thomson Reuters publication IFR reported. The company has sent a price guidance of around HK$10.60 per share, compared with the indicative range of HK$10.48 to HK$11.18, IFR reported. Haitong will also close the order book for institutional investors on the offering on Thursday, one day ahead of schedule, according to sources with direct knowledge of the plans.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions