GF Securities prices $3.6b HK IPO

Chinese broker prices deal at top end amid upbeat sentiment towards rallying A-share market.
GF Securities' float benefitted from positive profit outlook for brokerage sector on the mainland
GF Securities' float benefitted from positive profit outlook for brokerage sector on the mainland

GF Securities has raised HK$27.9 billion ($3.6 billion) after pricing its Hong Kong initial public offering at the very top end of the indicative price range on Tuesday.

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