Securities firm Shenwan Hongyuan raises $1.16b in HK IPO

Securities firm Shenwan Hongyuan raises $1.16b in HK IPO

REUTERS/Bobby Yip/File Photo

Chinese securities firm Shenwan Hongyuan Group Co Ltd has priced its Hong Kong share offering at the bottom end of a marketed range, raising $1.16 billion, two people with direct knowledge of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter