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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1967)12/14/2003 10:25:02 AM
From: RealMuLan  Read Replies (1) of 6370
 
HK HC International Share Placement 9.6-Times Subscribed
HONG KONG (Dow Jones)--HC International, Inc., a cross-media business information services provider in China, said late Saturday its share placement was 9.6-times subscribed.

The share price is fixed at HK$1.09 apiece, toward the lower end of the indicative price range of HK$1.01 to HK$1.23.

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Shares of HC International are scheduled to start trading Wednesday on the Hong Kong stock exchange's Growth Enterprise Market under stock code 8292.

HC International initially offered 100 million new shares. Due to over-subscription, First Shanghai Securities, the bookrunner and lead manager of the placing, has over-allocated 15 million shares, or 15% of the total share offer.

sg.biz.yahoo.com
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