EQUITIES: Franshion raises US$563m from placement

Franshion Properties (China) has raised HK$4.37bn (US$563m) from a placement of 1.6bn shares, or 14.99% of its enlarged share capital, at a price of HK$2.73 each.... more

APAC Financial Markets • #China, #Equities, #FranshionProperty, #SharePlacement #Equities, #Issuance/Pipeline

Franshion Property block fetches $564m on the HKSE

GIC now owns 6.5% of the Hong Kong-listed property developer, while New China Life has become its second largest shareholder.… more

APAC Financial Markets • #Equities, #FranshionProperty, #GIC, #HKSE, #HongKong, #NewChinaLife #Equities, #Issuance/Pipeline