Victory Giant Technology prices HK share sale at top end
The circuit board maker priced its Hong Kong offering at the top end to raise 2.24 billion dollars. Trading for the company is scheduled to begin on April 21.
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China's VICTORY GIANT TECHNOLOGY -A has finalized the pricing for its Hong Kong share sale at the upper limit of its guidance, seeking to raise HK$17.5 billion ($2.24 billion). The printed circuit board manufacturer announced on Thursday that the shares will be offered at HK$209.88 each.
According to Dealogic data, this offering marks the largest listing in the city since ZIJIN GOLD INTERNATIONAL CO secured $3.5 billion in September. The financial calculations for the deal are based on a USD/HKD exchange rate of 7.8254.
