Haitong IPO

Haitong Securities joins Hong Kong IPO rush

The Chinese brokerage has attracted two cornerstones that will take up a combined $222 million. Separately, handbag maker Sitoy raises $95 million from a well-received IPO.

<div style="text-align: left;"> A branch of Haitong Securities in Wuhu, east Chinas Anhui province (ImagineChina) </div>

December 02, 2011

Haitong Securities, which is already listed in Shanghai, yesterday launched the international roadshow for a Hong Kong initial public offering of between HK$11.53 billion and HK$13 billion ($1.48 billion to $1.67 billion).

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