EQUITIES: Kingsoft raises US$353m from top-up placement

Chinese software maker Kingsoft Corporation has raised HK$2.74bn (US$353m) from a top-up placement of 100m shares at HK$27.4 each, near the bottom of an indicative price range of HK$27.35–$28.30. The final price represents a discount of 6.48% to the pre-deal spot…. more

APAC Financial Markets • #Equities, #KingsoftCorporation, #TopUpPlacement #Equities, #Issuance/Pipeline