China Securities targets punchy IPO valuation

The country’s 14th largest brokerage by net asset value hopes to achieve a valuation premium to its peers. The Shenzhen-HK stock connect scheme will help.

China Securities launched a HK$8.2 billion ($1.06 billion) initial public offering on Monday, setting  aggressive terms in the hope the imminent launch of a stock trading link between Hong Kong and Shenzhen will give it momentum.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media