Shanghai Dazhong launches H-share offering

Gas supplier opts to push ahead with deal in latest vote of confidence for Hong Kong’s stock market. More will follow as US election shockwaves continue to subside.

Shanghai Dazhong is the largest gas supplier in Shanghai

Danny Leung

November 21, 2016

Shanghai Dazhong Public Utilities launched a H-share offering in the $207 million to $262 million range on Monday, putting it on course to be the fourth company to list in Hong Kong since Donald Trump's US election victory put global markets in a spin.

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