Huatai Securities Aims to Raise up to USD2 Billion in London Offering
Liao Shumin
/SOURCE : yicai
Huatai Securities Aims to Raise up to USD2 Billion in London Offering

(Yicai Global) June 12 -- Huatai Securities aims to raise between USD1.7 billion and USD2 billion in its upcoming offering in London, according to a statement.

The Chinese brokerage has set a price range of USD20 to USD24.50 for each global depositary receipt in what will be the first offering as part of the long-awaited London-Shanghai stock connect scheme.

The offering period for the GDRs is between June 11 and June 14.

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Keywords: Huatai Securities , London-Shanghai Stock Connect