China broker Orient Sec to launch up to $1.15b HK offer on Monday

China broker Orient Sec to launch up to $1.15b HK offer on Monday

100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. REUTERS/Jason Lee/Files

China’s Orient Securities Co plans to launch an up to $1.15 billion share offering in Hong Kong on Monday, IFR reported, in what is expected to be the first of several mainland brokerages lining up to raise funds in the city this year.

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