Everbright Sec attracts foreign interest

British insurer Prudential and Taiwan’s Mercuries Life Insurance are among eight cornerstone investors in the Chinese brokerage’s $1.2 billion H-share offering.

While a decision to allocate the majority of shares from its HK$9 billion ($1.2 billion) H-share offering to cornerstone investors came as no surprise, Everbright Securities has raised eyebrows by listing two overseas insurance firms among the buyers.

¬ Haymarket Media Limited. All rights reserved.

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