Shenzhen Investment tops up coffers with $357m

Shenzhen Investment has raised HK$2.77bn ($357m) from a top-up placement of shares sold to investors at a hefty 9.6% discount. But the impact on the company in the aftermarket was pretty severe, with the stock sliding by an equally large 9.85%.... more

APAC Financial Markets • #Equities, #FollowOnRightsIssue, #ShenzhenInvestment, #TopUpPlacement #Equities, #Issuance/Pipeline