The placement was the first by a Hong Kong listed company since tobacco flavouring firm Huabao International Holdings sold $196 million worth of shares in early August. It also coincided with a strong day in the local equity market that saw the Hang Seng Index add 160 points to return above the 17,000-point mark, which helped to boost interest in the sale.
The China retail sector remains a ôhotö sector with investors as...
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